Stone Business Park , Brooms Road , Stone, ST15
Size
82,205
Tenure
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- Primary use
- Warehouse
No floor / site plan
Description
-Excellent connectivity situated at the junction of the A34 and A51, 4 miles from the M6 (J14)
-Comprising two modern detached industrial buildings totalling 82,205 sq ft
-Let to Lucideon Group Ltd on a 20 year lease until 30th September 2041, subject to a tenant only break option in October 2031 and 2036.
-Lucideon Group Ltd has a D&B rating of 2A3 and a turnover of £23m reported in December 2024. Lucideon Group PLC has made significant investment in their fit out and equipment
-Unexpired term of 15.08 years and 5.08 years until break
-Subject to upwards only rent reviews to the greater of OMV or uncapped RPI in October 2026, 2031 & 2036
-Rent passing of £500,000 pa. The estimated rent from the rent review on 1st October is £681,685 based on uncapped RPI, which equates to a low rent of £8.29 psf. The vendor will top the rent up to the rent resulting from the rent review.
-Freehold.
Buildings 1 & 2 are situated on Brooms Road within Stone Business Park, an established and well-occupied commercial estate serving the Midlands industrial and logistics market. The business park is home to a mix of trade counter, manufacturing and logistics occupiers, benefitting from a strong local labour pool, drawing from Stone, Stafford, Stoke-on-Trent and surrounding towns.
The park benefits from excellent connectivity at the junction of the A34 and A51, providing convenient access to Junction 14 of the M6 motorway to the south. Both stone and Stafford railway stations operate high speed services to London Euston, with Birmingham International Airport and Manchester Airport also within easy reach.
Strictly by appointment with agents.
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Brochure
Stone Business Park , Brooms Road , Stone, ST15
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Disclaimer - Property reference 20020191FH. 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 Carter Jonas, London Industrial. 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.
