Summary - WOLSELEY PLUMBING CENTRE, STRATFORD ROAD MK12 5RS
1 bed 1 bath Commercial Property
Prominent freehold site with strong rental income and redevelopment potential.
- Freehold site of c.0.60 hectares (1.48 acres) with prominent Stratford Road frontage
- Three trade/motor units totalling 10,500 sq ft; two units include yard areas
- Total passing rent £117,000; tenant leases run outside the Act, 2024 and 2027
- Redevelopment opportunity subject to vacant possession and planning
- Two vehicle access points from Stratford Road; ample manoeuvring and parking
- Suited to industrial, motor trade or asset-management investors
- Located near A5 link road with good transport links and local amenities
- Requires tenant exit or reconfiguration for alternative uses; due diligence needed
Set across approximately 0.60 hectares (1.48 acres), this freehold commercial site comprises three ground-floor trade counter/motor trade units with extensive yard and off-street parking. The estate produces a current passing rent of £117,000 and occupies an extremely prominent frontage onto Stratford Road, a short distance from the A5 link road — a clear plus for occupiers needing strong road connectivity and customer visibility.
There are three existing tenancies in place: one lease sits outside the Landlord and Tenant Act and the other two expire in 2024 and 2027. The site is offered with redevelopment potential subject to vacant possession, making it suitable for a neighbourhood industrial investment with active asset management or longer-term redevelopment (subject to planning).
Practical benefits include two access points from Stratford Road, generous vehicle manoeuvring space, and an expansive external yard suitable for motor trade, storage or commercial operations. The area is classified as affluent with fast broadband and excellent mobile signal, and local amenities and transport links are close by.
Key considerations: vacant possession will be required for redevelopment; buyers must factor in tenant notice periods and lease positions (one tenancy outside The Act). The units are configured for industrial/motor trade use and will need adaptation for alternative uses, requiring planning consents. Prospective purchasers should commission their own surveys and site due diligence.
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