Upton Mill 2 Industrial Properties Offered at $4,872,206 CAD in Shifnal

Upton Mill offers a compelling investment opportunity in Shifnal, Shropshire. This freehold property comprises an established industrial estate with eleven functional units across a total of 42,578 sq ft. The site occupies approximately 1.8 acres in a secure setting and currently produces rental income from multiple tenants on short-term arrangements. An investor can achieve income stability through lease formalization or secure vacant possession if required. At an asking price in excess of £2,600,000, the property represents a low capital value of £61 per sq ft with potential to enhance yields through active asset management.
Significant upside exists in its residential redevelopment potential, subject to planning. The estate benefits from proximity to Telford (6 miles), Wolverhampton (13 miles), and Birmingham (39 miles), with excellent access via the M54 (Junctions 4 and 5) and the A464. Rail services are available from Shifnal to Birmingham and Shrewsbury, adding further connectivity. Upon completion of a new lease for its vacant unit, investors can achieve an estimated gross yield of approximately 8.81%.
This property is well suited to buyers seeking an income-producing industrial estate with scope for long-term capital appreciation or redevelopment.