Freehold industrial plot with redevelopment potential and vacant possession.
- Freehold light industrial unit circa 9,095 sq ft
- Large plot with gated yard and on-site garage/parking
- Vacant possession, good estate access for vehicles
- Potential commercial redevelopment subject to planning consent
- Parts derelict; requires repair, cleaning and remediation work
- Low–medium ceiling heights in some sections limit uses
- Located in a very deprived area with higher local crime rates
- Fast broadband and excellent mobile signal on site
A rare freehold light-industrial unit of approximately 9,095 sq ft on a large plot in Prince Of Wales Industrial Estate. The site is offered with vacant possession and good access for HGVs and staff, and includes on-site garage/parking. Broadband is fast and mobile signal excellent, supporting modern operational needs.
The buildings are a mix of sound commercial shell and areas described as derelict or in need of repair: low-to-medium ceiling heights in parts, paved yard, gated metal fencing and some dirty/neglected sections. The property would suit an investor or developer looking for a redevelopment or refurbishment project; any change of use or new building work would be subject to planning consent.
Location factors are mixed. The estate is well connected — close to a station and other amenities — but the local context is challenged: very deprived area and higher local crime rates, which may affect lettability and yield. Council tax/business rates are noted as expensive. Interested parties should factor in security, remediation and planning costs when assessing viability.
This opportunity is aimed at buyers willing to take an active role: refurbish for light industrial occupation, hold as an investment, or pursue redevelopment subject to consent. Full technical and legal due diligence is advised before exchange, including an assessment of repair costs, services and any planning constraints.
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