Shropshire commercial estate with £1.2m price tag under offer within days

An established commercial estate with workshops, commercial business space and offices which went on the market in Shropshire with an asking price in excess of £1.2m, has gone under offer in under a week.

The Farriers, at Annscroft, near Shrewsbury, is currently arranged as 16 separate units with the potential for further development and is up for sale through Halls Commercial Property.

James Evans, of Halls, said the total area of the site was 2.74 acres and the units on the estate were very much in demand – currently operating at 100% occupancy.

“The Farriers is located at Annscroft, about five miles from Shrewsbury, just off the A5112 Shrewsbury to Bishop’s Castle Road, and was a marvellous opportunity for any potential buyer,” he said.

“There is a builders yard, distribution warehouse, garages, development land and the site caters for general and light industrial workshops. There are a wide variety of businesses on site.

“It is an established commercial estate, lending itself to the possibility of offices, commercial business or workshops.

“It is a popular location for tenants, as we can see from the fact that it currently enjoys a full level of occupancy.

“The whole site is very well maintained, presently laid out as 16 seperate units and has the opportunity for further development, having planning permission for the building of two new detached commercial units.

“There is adequate provision for parking and the whole site benefits from being in a rural location while also being close to the county town, making for easy and convenient access.

“Shrewsbury is only five miles away and the whole area is served by an excellent road system.”

He adds: “This was an excellent business opportunity, a prime site in an ideal location with the potential to develop further. We have experienced a great deal of interest and are very pleased to have already secured a buyer.”