Located directly east of Telford town centre and within a mile of J4 of M54. The property comprises a detached industrial unit on Telford’s principal industrial park of Stafford Park. The property extends to 42,824 sq.ft and is let on a 10 year lease from March 2012 to Engie Services Ltd at a rent of £160,590 per annum (low rent of £3.75 per sq.ft). Estimated rental value of £214,120 per annum (£5.00 per sq.ft). Offers sought in excess of £2,160,000 which reflects a net initial yield of 7.00%, a reversionary yield based on the ERV of 9.32% and a low underlying capital value of £50.44 per sq.ft.