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Units 21a, 21b, 21c, 21d plus Yards 6&7, Shifnal Industrial Estate,Lamledge Lane, Shifnal, Shropshire, TF11

£480,000

£224.93 per sq ft

Business rates & charges may apply

Andrew Dixon & Company, Telford
SIZE AVAILABLE

2,134 sq ft

198 sq m

SECTOR

Light industrial facility for sale

USE CLASSUse class orders: Class E

E

Key features

  • A rare opportunity to acquire a multi-let commercial investment located at Shifnal Industrial Estate.
  • The property comprises four well-positioned commercial units and two commercial yards.
  • The property is fully income-producing, with a current Net rent passing of £51,052 per annum, providing a secure investment option.
  • The long leasehold interest is available for sale at a price of £480,000 (exclusive), reflecting a Net Initial Yield of 10.94% after standard purchaser costs.
  • The property is offered subject to the existing occupational leases, ensuring a steady income stream.
  • With its strong rental performance, this property represents an excellent addition to any commercial investment portfolio.

Description

The property represents a commercial multi-let commercial investment, comprising four detached commercial units and two commercial yard areas, all situated within an established commercial estate. It presents an excellent asset management opportunity. (Prospective purchasers are advised to confirm the income being generated from the investment with the selling agents at the time of their enquiry).

Key Features of each detached commercial unit:

Unit 21A: * Total Gross Internal Floor Area: 504 sq ft (46.82 m²) * Eaves height: 3.4 metres * Roller shutter door width: 2.42 metres

Unit 21B: * Total Gross Internal Floor Area: 572 sq ft (53.13 m²) * Eaves height: 3.4 metres * Roller shutter door width: 2.42 metres

Unit 21C: * Total Gross Internal Floor Area: 536 sq ft (49.79 m²) * Eaves height: 3.4 metres * Two roller shutter doors, each with a width of 2.95 metres

Unit 21D: * Total Gross Internal Floor Area: 522 sq ft (48.49 m²) * Eaves height: 3.4 metres Two roller shutter doors, each with a width of 2.8 metres

The property forms part of Title Number SL15643, which is currently being separated at the Land Registry. Further details are available from the selling agents upon request.

This well-diversified asset provides strong rental income potential and is well-suited to a variety of commercial uses, making it an appealing investment for those seeking secure income with future growth potential.

Brochures

Units 21a, 21b, 21c, 21d plus Yards 6&7, Shifnal Industrial Estate,Lamledge Lane, Shifnal, Shropshire, TF11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shifnal Station0.6 miles
  • Cosford Station2.5 miles
  • Telford Central Station3.7 miles

About Andrew Dixon & Company, Telford

Grosvenor House, Central Park, Telford, TF2 9TW

Notes

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Disclaimer - Property reference AGS4156. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Dixon & Company, Telford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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