Property Information
Address:
Unit 17 Loomer Road Industrial Estate, Loomer Road, Newcastle Under Lyme, Staffordshire
, ST5 7LB
, Staffordshire
, United Kingdom
Price: Buy: POA
Size: 3460 sq ft321 sqm
Primary Category: Industrial
All Categories:
Investment, Industrial,
Property Ref/Movehut: MH682060
Property Ref/Agent: 5477
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: October 31, 2024
Property description
INDUSTRIAL INVESTMENT
Location:
The unit is located on the established Loomer Road Industrial Estate in Newcastle under Lyme providing access on the A34 (1mile). The A34 gives access to the A500 D Road (2 miles) which in turn provides access to other main arterial roads in the Stoke on Trent / Newcastle under Lyme to include J16 of the M6 Motorway (6 miles). Newcastle under Lyme town centre lies approximately 2.5 miles to the south.
Description:
The property comprises a recently refurbished mid terrace unit previously occupied by a gym with portal frame construction, concrete floor, full height brick elevations with a new insulated pitched clad roof incorporating translucent roof lights. The property benefits from;
Two storey offices
WC facilities
Loading access via a single roller shutter door
Eaves height of 4.5m
Fluorescent strip lighting
Onsite Parking
Investment Summary:
Modern industrial / warehouse building
Established industrial location
Let to Namie Home
5 year lease expiry 6th August 2028
Tenant break on 6th February 2026
Low passing rent £22,000 per annum (£6.35 per sq ft)
Freehold
Seeking offers in excess of £250,000 subject to contract and exclusive of VAT. This reflects a net initial yield of 8.88% after standard purchasers' costs.
ST1168
Close proximity to A34 Dual Carriageway (approx. 2 miles)
Onsite Parking
Recently Refurbished
New Insulated Profile Clad Roof
;