38F Vanguard Way, Battlefield Enterprise Park, Shrewsbury
Opportunity to acquire a a sought after trade counter investment property, let with 7+ years unexpired at reversionary rent.
Property Features
- Opportunity to acquire a self contained light industrial investment property in Shrewsbury’s premier commercial area.
- Gross Internal Area 1,555 sq ft (144.5 m²)
- Effective freehold (Long-leasehold with 108 years unexpired).
- Passing rent £11,750 pa. We consider the rent to be reversionary.
- Let to Gen Lec Limited (CRN 08346334) on a 10 year lease expiring 20 December 2032.
- Prominently located close to the main Vanguard Way access roundabout with plenty of passing traffic.
- Modern trade unit within a terrace with demised parking to the front and shared rear loading area.
- 6m eaves height.
- Nearby occupiers include Travis Perkins, Mercedes Benz cars, LKQ Euro Car Parts, Tile Maze, Salop Glass, Tool Station, Brewers among others.
Property Details
The property comprises a modern trade counter unit, forming part of a terrace of eight, built to a contemporary design with glazed front elevations. The unit benefits from a service entrance from the forecourt car park together with rear loading access. Constructed around a portal steel frame with profiled steel-clad elevations beneath a curved mono-pitched roof incorporating 10% natural roof lighting. Features include a rear roller shutter door with separate personnel access, screeded floor, and smooth plastered party walls.
Location
Vanguard Trade Park is now established within Battlefield Enterprise Park on the northern side of the town, offering trade counter and low density retail outlets together with motor trade and other complementary users. Nearby occupiers include Mercedes, Inchcape, Volkswagen, Capital Appliances, Paperway Stationers, Screwfix and Plumb Centre.
Opposite the unit is the Shropshire Food Enterprise Park. Local amenities including professional services and hotel, supermarket and filling station are within ½ mile at Harlescott Lane and Shrewsbury Livestock Market respectively, together with good access to the A49/A5 trunk roads. Shrewsbury town centre is two miles distant.
As the county town and administrative centre of Shropshire, Shrewsbury has a borough population of roughly 80,000 (according to previous census), a 5% rise since 2020 and a larger catchment extending into Mid Wales of roughly 600,000 people.
It is strategically situated at the intersection of the A49 from the South of Wales and the A5 trunk road leading to the North of Wales and Telford and Birmingham on the M54.
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