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Investment Highlights

  • Prominently located against the main arterial route in and out of the regions largest shopping scheme.
  • Let to 3 tenants, with 2 income-producing FRI tenants and 1 unit sold of on a ground lease, producing a total annual rent of £196,000 pax.
  • Freehold purpose-built retail warehouse scheme comprising a total c.21,250 sq.ft of commercial space split over 3 ground floor units.

Executive Summary

A Freehold, edge-of-centre retail warehouse scheme, highly prominent, with dedicated customer car park, rear loading and excellent pedestrian and vehicular links. The scheme comprises a retail warehouse, originally built in the 1990's for the now defunct 'Staples'. The scheme provided a smaller unit to the front elevation which housed 'Blockbuster Video' until its demise in 2013. In 2018 the current owners split the unit into smaller divisions to provide a new location for The Gym Group, Office Outlet and Tile Choice. Since then, Office Outlet (Unit 3) has been vacated and sold off to an owner occupier. Units 2 & 3 are accessed from front pedestrian doors and servicing is via rear loading doors opening into the private rear yard. Unit 1 is accessed and serviced via front doors only. The scheme benefits from dedicated customer parking, rear staff parking and communal landscaping- all covered in the schemes service charge. There is a large tenant totem sign at the entrance to the site and tenants benefit from the visibility of large high-level signage at the top of the building's elevations. The property sits on a site of approximately 2.4 acres. We understand all boundary roads leading to and past the scheme are adopted.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Building Size
24,934 SF
Building Class
B
Year Built
1996
Price
$2,692,189
Price Per SF
$107.97
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
2.40 AC
Parking
80 Spaces (1.76 Spaces per 1,000 SF Leased)
Frontage
152’ on Rampart Way

Amenities

  • Energy Performance Rating - B

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Arts, Entertainment, and Recreation
  • 12,819 SF
  • -
  • -

The Gym Group began in 2007 and opened its first gym in Hounslow soon afterwards. The company built its business around low-cost gym access, flexible no-contract memberships, and 24-hour opening, while also offering classes and gym-floor support. The Gym Group has grown into a UK-wide fitness operator with a broad network of sites, serving members through budget-friendly training spaces and digital membership options. The company's focus remains on making exercise more accessible through straightforward memberships and a range of fitness services.

  • Manufacturing
  • 3,765 SF
  • -
  • Jun 2029

Tile Choice Limited was established in 1991 and now boasts individually designed stores throughout the Midlands covering Bilston, Cannock, Walsall, West Bromwich, Perry Barr, Bromford Birmingham, Bromsgrove, Kidderminster, Lichfield, Shrewsbury, Burton on Trent & Derby also in Corby, Kettering & Northampton ranging in size from 3,000 square feet to 19,000 square feet, and a 30,000 square feet centralized Warehouse and Distribution centre, stocked with over £5 million pounds worth of tiles. With huge stocks of Ceramic and Porcelain Tiles along with a vast selection of Natural Stones including, Marble, Granite and Limestone’s, Tile Choice prides itself on selling the highest quality products, sourced from some of the worlds leading manufacturers. The Company “BUY BIG SO YOU PAY LESS” and there are always special offers in-store.

Tenant Industry SF Occupied Rent/SF Lease End
Arts, Entertainment, and Recreation 12,819 SF - -
Manufacturing 3,765 SF - Jun 2029

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Unit 1
  • 4,129 SF
  • Retail
  • -
  • Now

The property is a ground floor unit located within an attractive, brick-built modern retail warehouse with approximately 90 car parking spaces.

Space Size Space Use Position Available
Unit 1 4,129 SF Retail - Now

Unit 1

Size
4,129 SF
Space Use
Retail
Position
-
Available
Now

Unit 1

Size 4,129 SF
Space Use Retail
Position -
Available Now

The property is a ground floor unit located within an attractive, brick-built modern retail warehouse with approximately 90 car parking spaces.

Nearby Major Retailers

PureGym
Starbucks
Banco Santander
HSBC
eurochange
Wildwood Kitchen
TGI Fridays
Miller & Carter
Lounges
Bella Italia
  • Listing ID: 35922787

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: Rampart Way, Telford TF3 4AS

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