* Production warehouse and offices
* Let to qi Van Systems Ltd for over 20 years
* New leaseback for 10 years at £164, 540 pa
The property comprises a single storey, dual bay production warehouse unit,
which was constructed by the former Telford Development Corporation in 1980,
together with adjoining two storey office block and a single storey extension
to the front elevation.
The main warehouse has a working eaves height clearance of approximately 6m
and benefits from two steel up - and - over doors on the eastern elevation giving
vehicular access to an enclosed concrete yard.
In addition, there is a single storey extension to the side accommodating a
specialist spray booth, which was completed in 2009 and benefits from a roller
shutter access with an eaves height clearance of approximately 14ft.
There is a single storey office block adjoining the eastern elevation of the
production area, which provides a reception area, general office and WC
facilities accessed from the workshop. The reception area also provides access
to a two - storey section comprising mainly open plan office accommodation with
additional WC facilities.
Adjacent to the western elevation is a surfaced car park for approximately 20
vehicles. The tenant also occupies the adjoining Unit B and shares the
entrance off the estate road.
The property is utilised for the design, fabrication and installation of
vehicle racking systems, with the present occupier having been in situ for
over 20 years.
**Location**
The property is located on Stafford Park, one of Telford's major industrial
areas, which lies approximately 1 mile from Junction 4 of the M54 motorway,
linking with Junction 10a of the M6 approximately 20 miles to the east. All
amenities are available close by at Telford Town Centre, together with Telford
Central railway station and the town's main bus terminal.
Stafford Park 18 is a cul - de - sac development/estate road, which is situated in
an almost fully developed part of Stafford Park. Nearby occupiers include
Wrekin Sheet Metal, Arriva and Hough Green.
**Planning**
We understand the property has planning permission for Class E, B2 and B8 of
the Town & Country Planning (Use Classes) Order 1987 (as amended).
**Tenure**
Freehold Investment: The property is offered for sale freehold with the
benefit of a leaseback to Quality industries Ltd trading as qi Van Systems
Ltd. This will be based on a new Fri lease for a term of 10 years from
completion of the sale at an initial rent of £164, 540 per annum plus VAT, with
a rent review on the fifth anniversary of the term to open market value. There
will be no Schedule of Condition attached to the lease. For details of
covenant please refer to the marketing brochure.
**Local Authority**
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:
**Rateable value**
According to the Valuation Office Agency website the rateable value of the
property in the 2017 rating list is £101, 000.
**Energy Performance Certificate**
The property has an Energy Rating of D(86).

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