M54 Space Centre

Halesford 8, Telford, TF7 4QN
Current Sale
M54 Space Centre
Halesford 8, Telford, TF7 4QN

Multi-Let Industrial & Business Space Investment Opportunity

  • Rare opportunity to acquire an established and successful small unit industrial and business
    space estate.  
  • Located in Telford and prominently positioned on the Halesfield Industrial Estate and at the junction of Halesfield 8 and Halesfield 13. 
  • Freehold extending to 4.87 acres and comprising 72,631 sq ft of accommodation with 54 industrial units, 36 office suites, 27 storage/archive units, 81 storage containers, unlimited virtual office lettings and 3 meeting/interview rooms.
  • The property has been refurbished, subdivided and maintained to a very high standard.
  • 82.3% of the estate by income is from industrial / warehousing / storage and container space.
  • The estate produces an income of £773,851 per annum with annual running costs of £155,273 per annum providing a net income of £618,578.
  • Potential to increase the current income on the estate to around £912,933pa (gross).

We are instructed to seek offers in excess of £7,400,000 (Seven Million Four Hundred Thousand Pounds) subject to contact and exclusive of VAT.
A purchase at this level reflects a net initial yield of 7.85% and a potential reversionary yield of 9.60% assuming standard purchasers’ costsof 6.65%.  

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Further Information

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