Property photos
£850,000
(£31.66/sq. ft)
Industrial for sale
The Laundry, Seifton, Ludlow, Shropshire SY826,844 sq. ft
Local area information
Property location
Nearby amenities
- Corvedale CofE Primary School 1.9 miles
- Onny CofE (A) Primary School 3.1 miles
- Craven Arms 3.4 miles
- Ludlow 5.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Multi-let estate of 20 plus units and 2 yards
- 26,844 sq ft on site of 2.17 ac
- Rental income £91,841 pa with potential to increase
The property comprises a collection of former farm buildings and yard, which were historically utilised as a sawmill and hgv maintenance depot, but latterly converted to offer a multi-let industrial estate on a site of circa 2.17 acres (0.878 hectares).
The estate comprises in excess of 20 individual units with on site car parking, which are mainly let to local companies and private individuals for workshop and storage purposes. There are shared WC facilities on site for the use of all tenants.
The majority of the units date back to the 1960's, however Unit 1 appears to be more modern, being of steel portal framed construction. There are also a number of older buildings on site, including a former barn of stone construction.
The estate includes 2 secure storage yards, which are roughly surfaced and enclosed by fencing.
Location
The property is located in the small village of Seifton, which lies on the B4365 approximately 7 miles north of Ludlow, 3.5 miles east of Craven Arms and 25 miles south of the county town of Shrewsbury. The A49 can be accessed via the B4368 passing to the west and provides access to Shrewsbury to the north and Ludlow, Leominster and Hereford to the south.
The property itself is a farm industrial estate known as 'The Laundry', which is situated to the east of the B4365 approximately 0.75 miles to the south of its junction with the B4368. The site is predominantly surrounded by open countryside.
Planning
The site as a whole was granted planning permission in 1991 for a change of use to B1/B2 use, now replaced by Class E and B2 under the Town and Country Planning (Use Classes) Order 1987 (as amended) There have been a number of subsequently planning applications on the estate and interested parties should make their own enquiries with the Local Planning Authority.
Tenure
The property is available to purchase on a freehold investment basis, ie subject to the existing tenancies. Please refer to marketing brochure for further details.
Local Authority
Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6nd - Tel: Rateable value
Interested parties to make their own enquiries with the Local Rating Authority.
Energy Performance Certificate
Please contact the agent for details.
The estate comprises in excess of 20 individual units with on site car parking, which are mainly let to local companies and private individuals for workshop and storage purposes. There are shared WC facilities on site for the use of all tenants.
The majority of the units date back to the 1960's, however Unit 1 appears to be more modern, being of steel portal framed construction. There are also a number of older buildings on site, including a former barn of stone construction.
The estate includes 2 secure storage yards, which are roughly surfaced and enclosed by fencing.
Location
The property is located in the small village of Seifton, which lies on the B4365 approximately 7 miles north of Ludlow, 3.5 miles east of Craven Arms and 25 miles south of the county town of Shrewsbury. The A49 can be accessed via the B4368 passing to the west and provides access to Shrewsbury to the north and Ludlow, Leominster and Hereford to the south.
The property itself is a farm industrial estate known as 'The Laundry', which is situated to the east of the B4365 approximately 0.75 miles to the south of its junction with the B4368. The site is predominantly surrounded by open countryside.
Planning
The site as a whole was granted planning permission in 1991 for a change of use to B1/B2 use, now replaced by Class E and B2 under the Town and Country Planning (Use Classes) Order 1987 (as amended) There have been a number of subsequently planning applications on the estate and interested parties should make their own enquiries with the Local Planning Authority.
Tenure
The property is available to purchase on a freehold investment basis, ie subject to the existing tenancies. Please refer to marketing brochure for further details.
Local Authority
Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6nd - Tel: Rateable value
Interested parties to make their own enquiries with the Local Rating Authority.
Energy Performance Certificate
Please contact the agent for details.
More information
Listed by
Andrew Dixon and Co
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