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Shropshire’s Stadco site hits the market for £8m

 

The site of a commercial complex which has been at the heart of the Shrewsbury business community for many years has been put on the market for £8.65 million with specialist commercial agents Halls Commercial.

Stadco are relocating their operations to Telford, Castle Bromwich and Powys facilities after announcing the closure of its Shrewsbury operation in Harlescott in July last year.

The base on Battlefield Enterprise Park will be closed in the summer of this year.

James Evans, Head of Halls Commercial, said that news of the closure had been known for some time, however, the site would be actively marketed for sale this month.

He said the disposal offered the prospect of acquiring a unique substantial commercial site/industrial complex in a favoured commercial quarter of Shrewsbury with three prominent road frontages.

Mr Evans said the property could be bought as a whole for £8.65m or as two sites, £6.7m for site A and £1.95m for site B.

The Battlefield site is surrounded by an area of mixed commercial and retail development on Harlescott Lane, Vanguard Way and Battlefield Way.

“Site A covers an area of 14.6 acres and comprises of the main Stadco complex, providing a range of commercial buildings including the main manufacturing buildings and covered loading bays.

“A variety of cranes within the buildings will be included in the sale and also boasts an extensive external storage area.

“Site B consists of a variety of buildings providing administrative offices, stores and a detached garage, covering an area of about four acres,” Mr Evans added.

“The transport links, including the national motorway network, are excellent from the site.

“This is a unique opportunity for a company relocation or for property investors/speculators to take advantage of an established commercial complex in Shrewsbury.”

The total site area is approximately 18.66 acres (7.55 hectares) with a total gross internal floor area of approximately 301,240 sq ft (27,983.4 m sq).

Mr Evans said it would lend itself to a variety of commercial and alternative uses including car dealerships particularly on the site fronting onto Harlescott Lane, subject to statutory consents.

For more information, telephone 01743 450700 or 07792 222 028, email: james.evans@hallsgb.com or visit the website at: www.hallsgb.com.

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