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38 Vanguard Way 1,555 SF Industrial Condo Unit Offered at $397,226 CAD in Shrewsbury SY1 3TG
Investment Highlights
- Prominently located close to the main Vanguard Way access roundabout with plenty of passing traffic.
- Nearby occupiers include Travis Perkins, Mercedes Benz cars, LKQ Euro Car Parts, Tile Maze, Salop Glass, Tool Station, Brewers among others.
- 6m eaves height.
Executive Summary
Vanguard Trade Park is an established commercial hub within Battlefield Enterprise Park, located on the northern side of Shrewsbury close to the A49/A5 trunk roads. The site enjoys excellent connectivity and high visibility near the main Vanguard Way access roundabout, with nearby occupiers including Travis Perkins, Mercedes-Benz, LKQ Euro Car Parts, Toolstation, and Brewers. Shrewsbury town centre is two miles away, and the area benefits from strong demographics, with a borough population of approximately 80,000 and a wider catchment of 600,000. This investment offers secure income in a prime trade location with strong long-term growth potential.
1 Unit Available
Unit 38F
| Unit Size | 1,555 SF | Condo Use | Industrial |
| Price | $397,226 CAD | Sale Type | Investment |
| Price Per SF | $255.45 CAD | Tenure | Long Leasehold |
| Unit Size | 1,555 SF |
| Price | $397,226 CAD |
| Price Per SF | $255.45 CAD |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
Constructed to a contemporary design, the unit features glazed front elevations, a rear roller shutter door, 6m eaves height, screeded floors, and shared rear loading access, with demised parking to the front. The tenure is long-leasehold with 108 years unexpired, and the property benefits from Class E use.
Sale Notes
This modern trade counter unit offers a gross internal area of 1,555 sq ft (144.5 sq m) and forms part of a terrace of eight units within Shrewsbury’s premier commercial location. The property is let to Gen Lec Limited on a 10-year lease expiring in December 2032 at a passing rent of £11,750 per annum, which is considered reversionary. Long leasehold with 108 years unexpired.
Property Facts
| Total Building Size | 16,486 SF | Typical Floor Size | 8,243 SF |
| Property Type | Flex (Condo) | Year Built | 2009 |
| Property Subtype | Showroom | Lot Size | 0.39 AC |
| Building Class | B | Parking Ratio | 3.4/1,000 SF |
| Floors | 2 |
| Total Building Size | 16,486 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Showroom |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 8,243 SF |
| Year Built | 2009 |
| Lot Size | 0.39 AC |
| Parking Ratio | 3.4/1,000 SF |
Amenities
- Yard
- Automatic Blinds
- Storage Space
Utilities
- Gas
- Water
- Sewer
Presented by
38 Vanguard Way
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