Flint Bishop

Vacant industrial premises has plenty of potential

A vacant industrial premises and yard on a Ludlow industrial estate holds lots of potential for its new prospective owner.

Unit 11 on Orleton Road, Ludlow Business Park comprises a stand-alone industrial unit, which is located within a large site of approximately 0.5 acres, and comes with planning permission for an additional development.

The building is currently divided into two distinct areas, with the front and first floor being utilised as a showroom and offices, and the rear section used as a motor vehicle workshop.

However, planning permission has been granted to divide the existing building into three starter units, together with the construction of five new starter units, in two separate blocks, on the vacant yard.

Situated within a short distance of the A49 bypass, the freehold property is available to purchase through Worcester-based agents Halls Commercial at £325,000.

Partner Richard Tomlinson said: "This property would be ideal for an investor/developer looking to target small, established businesses or those who are just starting out. The planning permission is already in place, so an investor/developer could turn around the property, ready for leasing or resale, quite quickly.

"In addition, the premises will appeal to the owner occupier market - perhaps a company who would want to use the existing building and make use of the surplus land for yard space rather than implement the planning consent."

Halls Commercial provides specialist commercial property services to a wide range of clients throughout the Worcestershire, Herefordshire, Shropshire and wider Midlands region. To view the premises, contact Halls Worcester of 01905 720104 or email commercial@hallsworcester.com.

 

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Article published by Midlands Business News on 27 October, 2011

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