TypeIndustrial Investments
TenureFor sale
The property comprises three ground floor trade counter/motor trade units with an extensive yard and car parking area totalling an approximate site area of 0.60 hectares (1.48 acres).
The site benefits from 2 access points off Stratford Road, Wolverton serving the entire area.
The site does not include the petrol filling station to the front and the restaurant that immediately abuts the site.
The site is surrounded by residential and commercial property and is extremely prominent fronting on to Stratford Road.
The site presents for a redevelopment opportunity subject to obtaining vacant possession from the three existing tenants. One of the tenants lease is outside The Act, with the other two leases expiring 2024 and 2027.
Investment Consideration:
Neighbourhood industrial investment with ongoing asset management opportunity.
The estate comprises of 3 industrial units totalling 10,500 sq ft - two of which benefit from yard areas.
The total site area is 0.60 hectares 1.48 acres with a potential redevelopment opportunity STP.
The property is prominently situated on the northern side of Stratford Road, opposite its junction with Christchurch Grove, some 0.5 miles west of the town centre. Stratford Road leads directly to the A5, the major trunk road providing access to the M1 and M6. Nearby occupiers include Murco Petrol Station, Premier Convenience Store, RailCare, MK Car Store and The Radcliffe School.