Wz Packaging Limited Halesfield 18 Wz Packaging Limitedhalesfield 18, Telford, TF7

Details

Property Reference

AGS/3216

Address

WZ Packaging Limited, Halesfield 18, Telford, Shropshire, TF7 4JS.

Location

Telford is a new town, being the main commercial and industrial centre of Shropshire. It lies on the M54 motorway approximately 15 miles from Junction 10a of the M6, with the M54/M6 link providing easy access to the national motorway network. The county town of Shrewsbury is approximately 15 miles to the west, Wolverhampton is 8 miles to the southeast with Birmingham city centre some 35 miles distant.

The property is located on Halesfield Industrial Estate, one of the three major industrial estates in Telford, Halesfield being the largest and most established, supported by the substantial residential communities of Sutton Hill and Madeley on its western fringe. Halesfield 18 links to the A442 dual carriageway, via the A4169, approximately 800 yards to the east, meeting with Telford Town Centre and Junction 4 of the M54 motorway some 2 miles to the north.

The property itself is situated at the junction of Halesfield 18 and Halesfield 19 on the western fringe of Halesfield Industrial Estate. The unit benefits from main road prominence onto the Halesfield estate road, close to the Cuckoo Oak roundabout. Nearby occupiers include Ingimex Limited and Pelloby Limited.

The property comprises a detached manufacturing facility arranged in three workshop bays with an attached two-storey office block to the front. It sits on a total site area of circa 4.5 acres including concrete loading areas and a car park to the south.

The accommodation has been fully refurbished to a high standard by the current owner occupier, including a number of external works to the building, internal improvements to the warehouse, a comprehensive refurbishment of the offices, and an overhaul of the services. Please see our marketing brochure for further details.

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Street view

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WZ Packaging Limited, Halesfield 18

What's this?

Size

80,071 sq ft on 4.5 ac

Price/ Rent

Price upon application.

Accommodation

Warehouse 72,,845 sq ft 6,767 sq m

Ground floor offices 3,484 sq ft 324 sq m

First floor offices 3,742 sq ft 348 sq m

Total Gross Internal Area 80,071 sq ft 7,439 sq m

Site Area 4.5 ac 1.8 ha

Services

We understand that all mains services are available or connected to the property including a 4MVA electric supply and 3MVA gas supply. It should be noted that we have not tested these services and interested parties should make their own enquiries.

Planning

We understand the property has planning permission for uses within Classes B1, B2 and B8 of the Town & Country Planning Act 1987 (Use Class Order 2005).

Tenure

Freehold Investment: The property is available to purchase freehold, subject to a leaseback to WZ Packaging Limited for a term of 15 years with a tenant's option to break at the end of year 10 at an initial rent of £350,000 per annum. Please see our brochure for details of covenant.

Local Authority

Telford & Wrekin Council, Addenbrooke House, Ironmasters Way, Telford, Shropshire, TF3 4NT - Tel: .

Rateable Value

According to the Valuation Office Agency website the rateable value of the property in the 2017 rating list is £231,000.

Energy Performance Certificate

The property has an Energy Rating of (E)101.

VAT

All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.

Legal Costs

Each party to be responsible for their own legal costs in connection with this matter.