Industrial for sale in Lilleshall Grange Industrial Estate, Abbey Road, Nr Newport, Shropshire TF10, £650,000

650,000.00

Offer Nr.:
65479724
Type of ad:
for Sale
Property type:
Industrial
Contact name:
Andrew Dixon and Co
Phone(s):
01952 476852

* Total site area of 6 ac
* Rental income of £52, 800 pax
* Redevelopment potential subject to planning
The property comprises a mixed use industrial estate on a site of
approximately 6 acres (2. 46 hectares), which provides a range of commercial
and former agricultural buildings of varying construction and age, which are
multi - occupied. The buildings extend to some 22, 396 square feet (2, 080 square
metres) in total.
The estate in part has an established vehicle repair/dismantling use, with a
number of other units currently utilised for light industrial and workshop
purposes, complemented by ancillary office accommodation and open storage
space.
The sale also includes the field/agricultural land to the front of the units,
which extends to approximately 2. 9 acres (1. 17 hectares), as well as the
existing access road.
**Location**
The property is situated in the picturesque village of Lilleshall in
Shropshire. Lilleshall lies on the A518 between Telford (4 miles) and Newport
(3 miles). It falls within the Borough of Telford and Wrekin and the Wrekin
constituency.
The village has a local shop, parish church, cricket and tennis clubs and a
primary school. It is also home to the historic Lilleshall Monument, a local
landmark on top of Lilleshall Hill. All other amenities are available in the
popular market town of Newport approximately 3 miles to the north. Newport
also has excellent road links, with Junction 3 of the M54 motorway 9 miles
distant via the A529 or A41.
The property itself is situated on the southern fringe of the village along
Lilyhurst Road/Abbey Road, approximately 0. 5 miles from Lilleshall Abbey. It
is set back from the main road and accessed via a private driveway. There is
some residential development to the northwest, but essentially the estate is
surrounded by open countryside.
**Planning**
The property currently has planning permission for Class B2 and B8 use of the
Town and Country (Use Classes) Order 1987 (as amended) to include garaging,
vehicle repair/dismantling workshops and ancillary open storage space. The
site does have some redevelopment potential for commercial or residential use,
subject to the necessary planning consent. Interested parties are advised to
make their own enquiries in this regard.
**Tenure**
Freehold Investment: The property is available to purchase freehold with the
benefit of the existing tenancies.
**Local Authority**
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
**Rateable value**
Please refer to the Tenancy Schedule in the marketing brochure.
**Energy Performance Certificate**
Please contact the agent for further details.

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