Freehold multi-let industrial units totalling 12,000 sq ft with yard, parking and immediate income..
- Freehold light-industrial investment of 12,000 sq ft total
- Two semi-detached units with yards and front parking
- Let on effective FRI terms to two tenants
- Current rent £86,574.50 pa; reversionary c. £93,000 pa
- Eaves height 4.5m (stanchions), max height 7m
- Built 1990: steel frame, brick and sheet-clad roof
- Located in a deprived area with higher-than-average crime
- Average broadband; excellent mobile signal
A robust freehold light-industrial investment comprising two semi-detached units (Units 5 & 6) on Stafford Park, totalling 12,000 sq ft with generous yard and parking to the front. Constructed in the 1990s in steel frame with brick and sheet cladding, the buildings offer clear-span warehouse space, roller shutter access and integral offices — practical for trade counter, storage or light manufacturing occupiers.
The property is fully let on effective full repairing and insuring (FRI) terms to two tenants producing a current combined rent of £86,574.50 pa, with a modest reversionary income potential to c. £93,000 pa. The site benefits from high internal eaves (4.5m to stanchions; maximum height 7m), off-street parking, good mobile signal and well-maintained exterior elevations.
Notable investment considerations: the estate sits within a deprived area with a higher local crime profile, which may influence tenant mix and insurance costs. Broadband speeds are average. The units were built in 1990 and, while generally well-presented, will require routine maintenance over time typical of industrial stock. Income is reversionary, so future yield depends on rental resets and letting risk at expiry.
This is a straightforward, multi-let industrial asset for investors seeking a freehold exposure to established trade-park accommodation, with immediate income and potential for modest rent growth on reversion.