Light industrial for sale in Unit 17 Loomer Road Industrial Estate, Loomer Road, Newcastle Under Lyme, Staffordshire ST5

£250,000 (£72.25/sq. ft)
Interested in this property? Call +44 121 659 5957 * or Request Details

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Light industrial for sale

3,460 sq. ft*

Property features

  • ST1168
  • Close proximity to A34 Dual Carriageway (approx. 2 miles)
  • Onsite Parking
  • Recently Refurbished
  • New Insulated Profile Clad Roof

Property description

Industrial investment


Location:

The unit is located on the established Loomer Road Industrial Estate in Newcastle under Lyme providing access on the A34 (1mile). The A34 gives access to the A500 D Road (2 miles) which in turn provides access to other main arterial roads in the Stoke on Trent / Newcastle under Lyme to include J16 of the M6 Motorway (6 miles). Newcastle under Lyme town centre lies approximately 2.5 miles to the south.

Description:

The property comprises a recently refurbished mid terrace unit previously occupied by a gym with portal frame construction, concrete floor, full height brick elevations with a new insulated pitched clad roof incorporating translucent roof lights. The property benefits from;

Two storey offices
WC facilities
Loading access via a single roller shutter door
Eaves height of 4.5m
Fluorescent strip lighting
Onsite Parking

Investment Summary:

Modern industrial / warehouse building
Established industrial location
Let to Namie Home
5 year lease expiry 6th August 2028
Tenant break on 6th February 2026
Low passing rent £22,000 per annum (£6.35 per sq ft)
Freehold

Seeking offers in excess of £250,000 subject to contract and exclusive of VAT. This reflects a net initial yield of 8.88% after standard purchasers' costs.

Property info

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

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For more information about this property, please contact
Harris Lamb, ST1 on +44 121 659 5957 * (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 Harris Lamb, and do not constitute property particulars. Please contact Harris Lamb 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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