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Lanconite Building, Stafford Park 6, Telford

The property comprises a manufacturing warehouse located 1 mile from Junction 4 of the M54. Whilst Telford is not a core distribution location, it has attracted a broad range of manufacturers due to the inexpensive accommodation and presence of a skilled workforce. Motorway access is good with access to the M54 which links to the M6 18 miles to the west. The property is located on Stafford Park which is the dominant industrial location in Telford.

Date Purchased:   September 2011
Tenure:   Freehold
Tenants:   Johnson Controls (UK) Ltd
Total Current Rent:   £715,000
Lease Expiries:   2019