The property is located directly east of Telford town centre and within a mile of J4 M54. The property is a detached industrial unit on Telford’s principal industrial park and extends to 50,488 sq.ft. Large site with 0.6 acres of expansion/development land to the rear of the unit. Let for a term of 10 years from 9 June 2017 to Arconic Fastening Systems & Rings Ltd. Tenant option to break June 2022. Rent £185,000 per annum (£3.66 per sq.ft). ERV £239,820 per annum (£4.75 per sq.ft). Offers sought in excess of £2,485,000 which reflects a net initial yield of 7.00% and a reversionary yield of 9.07%. Low capital value of £49.22 per sq.ft.