Summary - UNIT 1, RAMPART WAY TF3 4AS
1 bed 1 bath Retail Property (out of town)
**Standout Features:**
- Freehold retail warehouse scheme with approximately 21,250 sq. ft of commercial space
- Currently let to 3 tenants with a total annual rent of £196,000 (pax)
- Highly visible location along Rampart Way (A5), a major arterial route
- Dedicated customer parking with 78 spaces, including EV charging stations
- Proximity to Telford Central Railway station and the town center (less than 5 mins walk)
- Potential for future tenant expansion and diversification
- Large site area of 2.4 acres with good landscaping
**Concerns:**
- Part of the property has seen past vacancies; unit previously occupied by Office Outlet is now owner-occupied
This prominent retail warehouse property in Telford is an exceptional opportunity for investors seeking a solid income-generating asset. Strategically located along a major roadway, the retail park garners high visibility and traffic flow, making it an ideal location for various businesses. With a spacious 21,250 sq. ft. layout split across three units, the property offers substantial rental income potential with diverse tenant opportunities. Additionally, the generous parking with provisions for electric vehicle charging enhances its viability for customer access.
Telford's robust community and growing economic landscape—home to nearly 160,000 residents—provides a fertile ground for retail success. The property is well-connected, with the town center and railway station just a short stroll away.
While the existing tenant mix includes two strong FRI tenants, the vacated Office Outlet may present future leasing opportunities for the savvy investor. Don’t miss your chance to acquire this versatile retail space, available for offers exceeding £2,000,000. Act quickly to secure a foothold in this thriving retail market, as properties of this nature don’t last long!
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