Legat Owen has brought to market a trio of industrial investment opportunities at Deeside Industrial Park, one of the region’s most prominent hubs for manufacturing, logistics and advanced industrial operations. Located in Flintshire, North Wales, the Park continues to experience strong occupier demand and limited availability, making these assets particularly attractive to investors seeking high quality, income-producing properties in a nationally significant employment area.
The first of the three assets, Delta House on Tenth Avenue in Zone 3, comprises 10,105 sq ft of office and industrial accommodation set on a 0.56 acre site. The property is fully let to Stephan (UK) Limited on a lease running to January 2036, producing an annual rent of £80,500. Legat Owen is seeking offers in excess of £1,000,000, reflecting a net initial yield of 7.61%.
The second opportunity, Unit 108, also located on Tenth Avenue in Zone 3, is a substantial modern industrial facility extending to 48,454 sq ft on a 2.25 acre site. The property is fully let to Comtek Network Systems (UK) Limited, a long-established and growing telecoms and IT repair specialist that has occupied the building for more than 30 years. The low passing rent is £272,500 per annum (£5.62 p.s.f), and the property is being offered for sale at £4,400,000, which reflects a net initial yield of 5.81% and low capital value of £90.81 p.s.f allowing for asset management and a potential reversion of 7.25% bases on an ERV of £7.00 p.s.f.
Completing the trio is Units 13A and 13B on Fourth Avenue in Zone 2, a combined 89,513 sq ft facility set on 3.17 acres and fully let to Whole Ice Ltd and Coffee King Ltd. Both occupiers are undertaking extensive fitouts totalling more than £6 million, underlining their long-term commitment to the site. The investment produces a passing rent of £621,700 per annum. Legat Owen is inviting offers in excess of £8,000,000, equating to a net initial yield of 7.29%.
Deeside Industrial Park continues to attract national and international occupiers across sectors including aerospace, food production, pharmaceuticals, engineering and packaging. Recent designation as part of a wider Investment Zone, coupled with significant new development activity and sustained rental growth, reinforces the Park’s position as one of the North West and North Wales’ most dynamic industrial locations.
Mark Diaper, Director at Legat Owen, commented:
“Deeside Industrial Park continues to be one of the most resilient and in-demand industrial locations in the region, and it is exceptionally rare for three high quality freehold investments of this scale to come to market at the same time. Each property offers secure income, strong covenants and clear potential for future growth. We anticipate significant interest from both regional and national investors seeking to capitalise on the area’s sustained economic momentum and the long-term strength of the industrial sector.”
For further information or to arrange a viewing of any of the properties, please contact the Legat Owen team.
