Derwent House Eco Park Rd 7,290 sq ft 100% Let Office Property Ludlow SY8 1FF £950,000 (£130.32/sq ft)

A fantastic opportunity to acquire a commercial office building, spanning 673 sq. m. over two levels, in Ludlow’s contemporary Eco Park. Including a lobby space, conference room, and four office suites, it offers a well-equipped workspace with landscaped green space, car parking scoping potential for a prime and lucrative investment yield. Built in 2011, constructed to a BREEAM Excellent Standard, this twin wall timber framed building creates a tranquil workplace with plenty of natural light. EPC ‘B’.
Offers in the region of £950,000.
We are informed that the property is of Leasehold Tenure. There is a 999year lease with Shropshire Council, Central Tax & Trustee Planning LLP, which is dated 28th April 2011.
Derwent House is a detached office premises, occupying a prime location on the Ludlow Eco Business Park. It was built in 2011 to a high specification, constructed to BREEAM Excellent Standard, with external walls being twin wall timber frame, the ground floor is of solid construction and the first floor is timber suspended. Windows and doors are powder coated aluminium, and the roof is formed with manufactured trusses and has a natural slate finish. It is situated on the eastern outskirts of the South Shropshire market town of Ludlow, good road communications are provided, with the main A49 trunk road running along the western boundary of the business park.
Sat in prime position of the Eco Business Park, Shropshire’s up and coming business centre with a range of existing businesses operating in the area. At present the premises are let to a third parties, the full repairing and insuring lease commenced in January 2021, for a term of ten years, with a break clause at year five. I have been informed the tenant has sublet the first floor of the premises, with consent from the superior leaseholders, for a term of 4 years, which is due for renewal in December 2025. With the current rent passing, the premises offers a worthwhile investment opportunity, with a return of 13%. Alternatively, vacant possession could be gained from the beginning of 2026, presenting a fantastic home to any business.
Situated just off the main A49 trunk road, the property is well connected with large towns and cities. The Eco Park is located just 3 miles from Ludlow’s town square, the town features a good range of amenities including supermarkets, a petrol station, both a primary and a secondary school, a train station on the Heart of Wales line, as well as a varied range of independent and high street stores. Other large towns and cities are within close proximity including Craven Arms (9 miles), Church Stretton (16.5 miles), Shrewsbury (29 miles), Leominster (11 miles), Hereford (23 miles) and Worcester (30 miles).