Summary - TELEPHONE CALL CENTRE, ADWICK PARK S63 5NA
1 bed 1 bath Commercial Development
Freehold, high-parking commercial asset with modern energy upgrades and short lease profile.
- 62,652 sqft purpose-built call centre over two floors
- 4.95 acre site with c.440 car spaces (low 15% site cover)
- PV panels, battery storage and EV charging scheduled (landlord contribution)
- Let on FRI lease to Telecom Service Centres Ltd, passing rent £430,000 pa
- Lease extended to 24 Mar 2034 with tenant break Mar 2029 (six months' notice)
- Only nine years remaining on lease — lenders likely to refuse mortgage
- Area deprivation, above-average crime and very slow broadband speeds
- Separate telecom mast let; mast income retained by tenant
A large, purpose-built call centre on a 4.95-acre plot with capacity for up to 2,500 staff and c.440 car spaces. The building is modern, detached and arranged over two floors with double-height reception, lift access, open-plan floors and recently refurbished WC and canteen areas. Recent lease re-gear includes agreed tenant works (PV, battery storage, EV charging, and electric M&E) with a landlord contribution up to £300,000 secured by vendor undertaking.
This is an income-producing, freehold commercial investment with a passing rent of £430,000 pa and an open market rent review in March 2029 (min. uplift to £450,000; cap £550,000). The tenant holds a break option in March 2029 (six months’ notice). The telecom mast is separately let; mast income is retained by the tenant.
Material risks are clear: the head lease term runs to March 2034 with only nine years remaining and a tenant break in 2029 — many mortgage lenders will be reluctant or unable to lend. The property sits in a deprived area with above-average crime statistics and very slow broadband speeds, which may affect re-letting to certain occupiers.
Overall, this asset suits investors or operators who can accept lease-term risk and area-related challenges in return for a low initial price per sq ft, substantial on-site parking, a low site cover, and capital works that will modernise energy infrastructure and EV capability.
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