20881 sq ft - Phillips Sutton

Stafford Park

Telford, TF3 3BB Units F1 – F4 Stafford Park, Telford, TF3 3BB

Industrial Warehouse Investment Opportunity For Sale

20,881 sq ft

Industrial Warehouse Investment Opportunity For Sale Units F1 – F4 Stafford Park, Telford, TF3 3BB



Let to LVS Small Plastic Parts Ltd until 28 February 2024



Passing rent of £72,000 Per Annum (£3.45 psf)



20,881 sq ft warehouse unit



Built in 1970's, steel portal frame construction, brick elevations, steel profile roofs dedicated car parking and yards.



Freehold



Asking price of £910,000 which reflects a NIY of 7.47% after purchasers costs of 5.8% and a low capital value of £43.50 psf

Covenant Information

Year Ending March 2015 March 2014

Current Assets £1,997,605 £1,617,984

Shareholders Funds £542,439 £487,535

Industrial Warehouse Investment Opportunity For Sale Units F1 – F4 Stafford Park, Telford, TF3 3BB

The property is situated on Stafford Park 15, approximately 0.5 miles from the A442 Queensway and A464 dual carriageways which provide access to Junction 4 and 5 of the M45 motorway, both approximately 2 miles away from the estate. Telford Town Centre is approximately 1.5 miles to the West.

CONTACT: Sam Sutton [email protected] 07794081052