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£7,800 pa

(£0.18/sq. ft. pa)

Industrial to let

Maesbury Road, Oswestry SY10
10,454 sq. ft

£7,800 pa

(£0.18/sq. ft. pa)

Industrial to let
Maesbury Road, Oswestry SY10

    • 10,454 sq. ft

About this property

    Location


    Oswestry, Shropshire’s third largest town with a former Borough population of approximately 33,000 and is equidistant between Shrewsbury and Wrexham. The yard is extremely well located on the A5 Euro route which runs between Holyhead (the Irish market) and Felixstowe (UK’s main container port). The town has a good range of employers, to include BT, Aico, Arla Foods, Pentons and Guttercrest.

    This site is situated within the Oswestry Industrial Building’s estate on Maesbury Road, opposite Radfords Fields, with such other occupiers as Dulux and Pennant.
    Description


    A yard of approximately 0.24 acre, measuring approximately 22m x 44m, currently under development with a secure galvanised fence along one boundary, a thick substantial hedge boundary to Maesbury Road and a high and steep embankment along a further boundary, a requirement to secure the entrance with more fencing and a gate, being of only a short length in order to complete the creation of the yard. Clearly, interested parties may prefer to see further fencing introduced, and such matters can be discussed with the agents.
    Rent and lease terms


    This yard is offered to let on terms to be discussed with the letting agents. The landlords will seriously consider granting rental incentives/concessions to an incoming tenant to enable them to complete the development of the yard, subject to contract.

    After the yard has been developed by the incoming tenant, for which rental/financial incentives would be given, a rent of region £650 pcm is asked. The incoming tenant is also asked to contribute towards the landlord’s reasonable legal costs in connection with the granting of the lease, also a matter which can be negotiated.

    Six Months’ rent free offered in order for an ingoing tenant to complete construction works around and to the yard.
    VAT


    We are waiting to hear whether the land is elected for VAT.
    Business rates


    This yard has not been assessed for business rating purposes, but we would fully expect that, subject to the rate payer qualifying, the level of Rateable Value would in principle attract concessions, or maybe result in zero rates payable. Interested parties should discuss this matter with the agents, and then satisfy themselves directly with Shropshire County Council.

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