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Lambda House, Telford

under offer

Office for sale

£500,000 10,000 sq ft

Halls Holdings Limited
Status
Under offer
Highlights
  • High quality office investment on a prominent high quality office investment forming part of a sought after area of Telford
  • Multi let office investment fronting onto the A442
  • Current Rent £35,776.50 per annum with a capital value of £118 per sq ft
  • Purchase available via a Transfer of a Going Concern (TOGC)
Property type

Office for sale Search all

Full address
Hadley Park E, Telford TF1 6QJ – Telford
Property owner
Quorum Logistic Support Ltd
Asking price
£500,000
Available space range
There is 1 space available. This measures 10,000 sq ft.
Features
Air conditioning, Raised floor
Brochure
Download the brochure
Contact name

James Evans - Halls Holdings Limited

Sale details

Sale unit 4013105 Under offer

10,000 sq ft, £50 per sq ft

Unit Sale unit 4013105
Address Hadley Park E, Telford, Shropshire, TF1 6QJ, GB
Size 10,000 sq ft
Price £500,000
Price per unit £50 per sq ft
  • Offers in excess of £500,000 (exclusive) * showing a net initial yield of 6.85 % (upon completion of all current lettings) after allowing for purchasers costs.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for Lambda House, Telford

The property comprises of a two storey detached modern office building multi let office investment providing a Total Net Internal Floor Area of approximately 4,247 ft sq(394.61 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 21 spaces (Ratio of 202 ft sq per space). 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 immediate surrounding occupiers includes 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 comprise 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.

Number of storeys
2
Rentable building area
10,000 sq ft
Year built
2003
Utilities
Lighting

Attachments

PDF #1 Marketing brochure/flyer Download

This office for sale is located in Telford.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Halls Holdings Limited. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Halls Holdings Limited for full details and further information.