Industrial for sale in Lilleshall Grange Industrial Estate, Abbey Road, Nr Newport, Shropshire TF10

£650,000 (£29.02/sq. ft)
Interested in this property? Call +44 1952 476852 * or Request Details

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Industrial for sale

22,396 sq. ft*

Property features

  • Total site area of 6 ac
  • Rental income of £52,800 pax
  • Redevelopment potential subject to planning

Property description

The property comprises a mixed use industrial estate on a site of approximately 6 acres (2.46 hectares), which provides a range of commercial and former agricultural buildings of varying construction and age, which are multi-occupied. The buildings extend to some 22,396 square feet (2,080 square metres) in total.

The estate in part has an established vehicle repair/dismantling use, with a number of other units currently utilised for light industrial and workshop purposes, complemented by ancillary office accommodation and open storage space.
The sale also includes the field/agricultural land to the front of the units, which extends to approximately 2.9 acres (1.17 hectares), as well as the existing access road.

Location
The property is situated in the picturesque village of Lilleshall in Shropshire. Lilleshall lies on the A518 between Telford (4 miles) and Newport (3 miles). It falls within the Borough of Telford and Wrekin and the Wrekin constituency.
The village has a local shop, parish church, cricket and tennis clubs and a primary school. It is also home to the historic Lilleshall Monument, a local landmark on top of Lilleshall Hill. All other amenities are available in the popular market town of Newport approximately 3 miles to the north. Newport also has excellent road links, with Junction 3 of the M54 motorway 9 miles distant via the A529 or A41.
The property itself is situated on the southern fringe of the village along Lilyhurst Road/Abbey Road, approximately 0.5 miles from Lilleshall Abbey. It is set back from the main road and accessed via a private driveway. There is some residential development to the northwest, but essentially the estate is surrounded by open countryside.

Planning
The property currently has planning permission for Class B2 and B8 use of the Town and Country (Use Classes) Order 1987 (as amended) to include garaging, vehicle repair/dismantling workshops and ancillary open storage space. The site does have some redevelopment potential for commercial or residential use, subject to the necessary planning consent. Interested parties are advised to make their own enquiries in this regard.

Tenure
Freehold Investment: The property is available to purchase freehold with the benefit of the existing tenancies.

Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:

Rateable value
Please refer to the Tenancy Schedule in the marketing brochure.

Energy Performance Certificate
Please contact the agent for further details.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Andrew Dixon and Co, TF2 on +44 1952 476852 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Andrew Dixon and Co, and do not constitute property particulars. Please contact Andrew Dixon and Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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