Juniper House, Sitka Drive
Shrewsbury Business Park, Shrewsbury, SY2 6LGThe Space
Modern two storey detached office investment opportunity.
At a glance
| Property Type | Investment / Office |
| Tenure | For Sale |
| Size | 2,686 sq ft |
| Price | Offers in the region of £415,000 |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | This property has been graded as D (95) |
Shrewsbury
38 mins
Yorton
157 mins
Wellington (Shropshire)
162 mins
Oakengates
215 mins
Chesham
2167 mins
Reading
2181 mins
Amersham
2197 mins
Twyford
2224 mins
Key Points
- Modern two storey detached office building.
- Attractive landscaped setting.
- 12 car parking spaces.
- Mix of open plan and cellular accommodation.
- Let on a 6 year lease from November 2021.
- Current passing rent of £32,500 per annum exclusive.
Description
The property comprises a modern detached two storey office building extending to approximately 2,686 sqft (249.46 sqm) with generous on-site car parking facilities for 12 cars.
The offices provides high quality accommodation incorporating raised carpeted floors, suspended ceiling with inset lighting and electric panel heaters.
The accommodation is well appointed providing a mix of open plan and cellular offices arranged over 2 floors with reception area and toilet facilities on the ground floor.
Available area
The accommodation comprises the following areas:
| Description | sq ft | sq m |
|---|---|---|
| GF | 1,384 | 128.58 |
| FF | 1,302 | 120.96 |
| Total | 2,686 | 249.54 |
The Location
The property occupies a prominent location within the popular Shrewsbury Business Park, being situated approx. 2 miles southeast of Shrewsbury Town Centre with excellent public transport links.
Shrewsbury Business Park is the premier office location in Shrewsbury, located adjacent to the A5 trunk road, giving access to A49 and the M54 motorway. The business park has attracted a number of high profile occupiers including Handelsbanken, Brewin Dolphin, NFU Mutual and WR Partners, and offers a number of onsite facilities including Busy Bees Daycare, Greggs, Co-op and The Holiday Inn Express.
The surrounding areas of the business park are now being developed with the new additions of Hatfields Jaguar Land Rover, Shell Petrol Station and Starbucks Drive Thru. The Meole Brace Retail Park, Bannatyne's Fitness and restaurant/conference facilities at Shrewsbury Town Football Club are within a short distance away (1 mile).
Terms
The property is currently let to Hallmark Properties Limited (guaranteed by Capital Care Group Limited) for a term of 6 years from 8th November 2021 on tenant’s full repairing and insuring basis at a rent of £32,500 per annum exclusive payable quarterly in advance.
The ground floor has been sublet to Assured CMS Limited for a term of years expiring in November 2027.