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Offers in Excess of £500,000

Sigma House, Hadley Park East, Telford, UK, Shropshire TF1 6QJ

4232 Sq ft.
  • HIGH QUALITY OFFICE INVESTMENT
  • Forming part of a sought after area of Telford benefiting from significant current inward investment in the surrounding area including a new petrol filling station and new trade counter development
  • Current Rent £34,500 per annum(rising to £37,500 per annum in December 2019 and £40,390 per annum in December 2020 )
  • Total Net Internal Floor Area of 4,232 ft sq (393.24 m sq)
  • Net Initial yield of 6.61% (after purchasers costs)
  • Multi let office Investment fronting onto the A442

The property comprises of a two storey detached multi let modern office investment providing a Total Net Internal Floor Area of approximately 4,232 ft sq(393.24 m sq). The offices benefit from a central core with a lift and offer a range of open plan and individual offices.

The property is of traditional steel framed construction clad in part brickwork and horizontal composite cladding and incorporating double glazed window fitments and a ground floor fully glazed central reception. The property sits under a mono pitched roof cover clad in profile steel sheeting.

The offices are fitted out with suspended ceilings with recessed lighting and air conditioning cassettes and raised flooring with a carpeted surface.

The property benefits from a generous provision of car parking spaces of 22 spaces (ratio of 1 space to 192 sq ft).

The property forms part of Hadley Park East, which is located to the east of Hortonwood in the town of Telford. The subject property fronts onto the A442 Queensway, which provides access into Telford Town Centre and Junction 5 of the M54. The subject property is located approximately 4 miles north east of Telford Town Centre.

The property is approached from A442 via Hadley Park East and accessed from Silkin Way.

The surrounding occupiers include Fallowfield public house and hotel lodges, Hadley Park House Hotel, Earlyworld Nursery and The Telford Enterprise Hub. There is currently significant inward investment on the adjacent land holdings, which comprises of a new petrol filling station and drive thru and a new trade counter development.

Telford is an Administrative and commercial centre with a population at the 2011 census of approximately 166,600 people.

Telford is located approximately 30 miles north west of the City of Birmingham and approximately 13 miles east of the County Town of Shrewsbury.

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