Unit G

Industrial Investment Located On Stafford Park Telford.

• Located on Stafford Park, one of Telford’s primary industrial estates
• Excellent transport links via M54 Motorway, providing ample access across the West Midlands
• Extending to approximately 29,887 sq ft of warehouse
• 6.4m working height and 2 level access doors, with shared loading yard provision
• Full Repair and Insuring Terms to Teamson UK Limited for a term of 10 years from 1st June 2023
• Passing rent of £190,000 per annum (£6.35 psf). ERV thought to be in excess of £7 psf
• Tenant only break clause provision on 1st June 2028
• Rent review on 1st June 2028 to the greater of Open Market Rent or CPI 2%-4% annually compounded
• Approximately 6.88 years to expiry and 1.88 years to break
• Investment value underpinned by vacant possession value

Offers in excess of £2,350,000 (Two Million Three Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT, reflecting a net initial yield of 7.60% and a capital value of £78.63 psf when allowing for usual purchaser costs.