Located on the established Stafford Park 15 Industrial Estate
Nearby occupiers include Jewson, AViramp, Lister Trade Counter, Kwik Fit Plus and Enterprise Rent a Car
One mile from M54 Motorway (Junction 4)
Lot 34
Auction 28th March 2018
Rent £22,200 per Annum Exclusive
Status Sold Post
Price
Sector Industrial/Warehouse
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
12 miles east of Shrewsbury, 30 miles north-west of Birmingham
Roads
A442, A464, M54 (Junction 4)
Rail
Telford Central Railway Station
Air
Birmingham Airport
Situation
The property is situated on Stafford Park 15, an established industrial location accessed just off the A442 and A464 dual carriageways, which in turn lead to the M54 motorway. Telford town centre is located 1.5 miles to the west. Nearby occupiers include Jewson, AViramp, Lister Trade Counter, Kwik Fit Plus and Enterprise Rent a Car.
Tenure
Virtual Freehold. To be held for a term of 999 years from completion at a peppercorn rent.
Location
Miles
12 miles east of Shrewsbury, 30 miles north-west of Birmingham
Roads
A442, A464, M54 (Junction 4)
Rail
Telford Central Railway Station
Air
Birmingham Airport
Situation
The property is situated on Stafford Park 15, an established industrial location accessed just off the A442 and A464 dual carriageways, which in turn lead to the M54 motorway. Telford town centre is located 1.5 miles to the west. Nearby occupiers include Jewson, AViramp, Lister Trade Counter, Kwik Fit Plus and Enterprise Rent a Car.
Tenure
Virtual Freehold. To be held for a term of 999 years from completion at a peppercorn rent.
Description
The property comprises a ground floor industrial unit with extensive warehouse and ancillary accommodation, benefiting from car parking rights.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor industrial unit with extensive warehouse and ancillary accommodation, benefiting from car parking rights.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Gross Internal Floor Areas (Approx).
Tenant
Term
Rent p.a.x
Review
B3
Ground
Warehouse/ Industrial
395.49 sq m
(4,257 sq ft)
RUSKIM SEAFOODS LIMITED (1)
5 years from 20/12/2017 on a full repairing and insuring lease (2) (lease renewal)
£22,200
20/12/2020
(1) Ruskim Seafoods Limited were established in 1982 and are a seafood supplier to the ethnic catering market, being one of the largest independent importers of raw and cooked king prawns and shrimps in the UK and Europe, with two other major storage depots in Newcastle and Rainham and four satellite depots in Livingston, Leeds, Warminster and Navan (Ireland). For the year ending 26th January 2016, Ruskim Seafoods Limited reported a turnover of £96,370,580, pre-tax profits of £736,241 and a total net worth of £7,607,323 (Sources: www.ruskim.co.uk and Experian Group 21/02/2018). (2) The lease is subject to a tenant option to determine on 20th December 2020 and is full repairing and insuring subject to a Schedule of Condition.
