Summary - UNIT C3, STAFFORD PARK 4 TF3 3BA
1 bed 1 bath Light Industrial
Two refurbished light-industrial units — part-income producing, excellent M54 and rail links..
- Two refurbished steel-frame light industrial units with front offices and WCs
- Minimum eaves height c.5.25m suitable for racking/storage
- Insulated vehicular doors approx. 5.9m wide for large vehicle access
- Unit C3 let at £35,000 pax; ERV £45,000 pax; tenant break 29.02.27
- Unit C4 available with vacant possession; additional side external space
- Long leasehold interests: C3 (125 yrs from 1988), C4 (250 yrs from 2001)
- Secure gated yards; external areas need routine maintenance
- Location: excellent road/rail links but higher crime and deprived area
Two refurbished terraced light-industrial units in Stafford Park 4, Telford, offer a strategic, part income-producing opportunity close to the M54 and Telford Central rail station. Both units are steel-frame, feature front offices with WC facilities, and have secure gated yards for loading and external storage. Vehicular access is via insulated panel doors (approx. 5.9m wide) and a minimum eaves height of c.5.25m suits racking and light manufacturing layouts.
Unit C3 is let on a 10-year FRI occupational lease to William Richards Sash Windows Ltd (commenced 22.03.22) at £35,000 pax with a rent review on 01.03.27 and a tenant break on 29.02.27; ERV is estimated at £45,000 pax. Unit C4 is offered with vacant possession (desks and racking can remain) and benefits from additional side external space. Titles are long leasehold: C3 (125 years from 1988) and C4 (250 years from 2001).
The estate benefits from strong industrial occupiers nearby (Howdens, Screwfix, Greggs et al.) and excellent road/rail links making the units practical for light industry, distribution or manufacturing. The buildings are refurbished and ready for occupation or continued letting, giving an investor the choice of immediate rental income from C3 and asset management upside on reversion or letting of C4.
Considerations: the location is in a higher-crime, deprived area which may affect staff recruitment and security costs; both units have yard-based external spaces that will require ongoing maintenance. The C3 lease contains a tenant break and an upcoming rent review in 2027 that present both risk and reversionary opportunity for a new owner.
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