Gresham Dr | Telford TF3 5ES
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- LoopNet Team
Gresham Dr
Telford TF3 5ES
Morrisons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- A modern, purpose built food store of 42,434 sq ft, with 220 surface car parking spaces (a ratio of 1:193 sq ft).
- Let to the 5A1 covenant of WM Morrison Supermarkets Plc until 29th November 2037
- 5 yearly RPI linked rent reviews with a collar and cap of 1% - 3% per annum compounded.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Property Size
42,434 sq ft
Costar Property Class
B
Year Built
2012
Tenancy
Single
Number of Floors
1
Plot ratio
0.26
Total Plot Size
3.69 ac
Parking
220 Spaces (6.28 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Corner Lot
- Monument Signage
ABOUT GRESHAM DR , TELFORD, SHR TF3 5ES
Strategically situated in Telford, to the west of the town centre, with direct access to the M54. Prominent location at the heart of Telford’s new Lawley Village Suburb, with an extensive and growing catchment population. The site extends to 3.7 acres.
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