Ready income-producing industrial facility in a motorway‑accessible location.
- Freehold industrial/logistics complex on 4.3 acres
- Substantial GIA approx. 72,564 sq ft single storey
- Fully refurbished recently; ready for immediate occupation
- Single tenant: let to Joda Freight Ltd (tenant concentration risk)
- Multiple dock and ground-level loading points, high ceilings
- Excellent yard circulation and extensive off-street parking
- Local area very deprived with very high crime levels
- Slow fixed broadband speeds may limit data-reliant occupiers
A substantial single-let industrial complex on a 4.3-acre site, recently refurbished and let to Joda Freight Ltd., offers an investor a ready income-producing logistics asset. The building extends to approximately 72,564 sq ft GIA with high ceilings, multiple dock and ground-level loading points, and full yard circulation suitable for HGV operations. The property is freehold and presented in good condition after refurbishment, reducing immediate capital expenditure.
The location gives excellent motorway access and strong mobile signal, supporting modern logistics operations. On-site parking and extensive bitumen-surfaced yard space provide flexible loading, storage and circulation options. Internally there are office and ancillary facilities alongside large warehouse/production areas — the unit is operational and available with minimal downtime required.
Material considerations for buyers: the complex is single-let, so income depends on one tenant’s covenant; that concentration increases re-letting risk if vacant. The wider area is classified as very deprived with very high local crime levels, which may affect re-letting attractiveness and insurance costs. Broadband speeds are slow, which could be a constraint for occupiers needing high-capacity fixed data links.
Overall this is a modern, well-presented logistics facility suitable for investors seeking a large-scale, freehold industrial asset with immediate occupational capability. Prospective buyers should account for single-tenant exposure and local area socio-economic factors when assessing long-term value and exit options.
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