Berrys were involved with the successful sale of Units 20–21 Ellesmere Business Park, a modern multi-let industrial investment located on the outskirts of Ellesmere, Shropshire. The property is situated within the town’s principal commercial area, adjacent to new development land and surrounded by established occupiers including Lakeside Coaches, The Shropshire Distillery and CPC Training.
The property comprises two light industrial units built in 2016, extending to approximately 10,239 sq ft on a site of 0.538 acres. The property was let on two new 10-year Full Repairing and Insuring leases from August 2024, with break options in August 2029 with a passing rent of £61,000. The investment was sold for £750,000 to FYB Consulting Ltd.
Key features include:
The property was marketed as a secure, income-producing investment with strong rental growth potential and limited local supply. Marketing generated interest from private investors
The sale was agreed at £750,000, representing a gross yield of 8.13% and a capital value of £73.25 psf.
This transaction demonstrates Berrys’ ability to deliver results in the industrial investment market. The sale of Units 20–21 Ellesmere Business Park highlights the continued demand for well-let industrial assets in strong regional locations.