Flintshire sheds hit market for £13m
Three fully let sites, totalling 148,100 sq ft, are now available for purchase at Deeside Industrial Park.
Legat Owen is marketing all three sites at the Flintshire estate.
The largest of the three is the 89,500 sq ft Unit 13, which is broken down to an A and B unit let to Whole Ice and Coffee King. The two occupiers pay a rent of around £600,000 a year for their home off Fourth Avenue.
Unit 13 last sold for £2.8m in July 2025 to Knightsbridge House Estates, according to HM Land Registry data. Legat Owen is accepting offers of £8m or more. An £8m price tag reflects a net initial yield of 7.3%.
Unit 108 is the second largest, coming in at 48,500 sq ft. Sat on a 2.25-acre site off Tenth Avenue, the shed is fully let to Comtek Network Systems, who have occupied the building for more than 30 years. Annual rent for the property is £272,500 a year.
Unit 108 last sold for £2.2m in December 2019 to UK Properties, a Guernsey-headquartered company, according to HM Land Registry.
Legat Owen is accepting officers of £4.4m, reflecting a net initial yield of 5.8%.
Delta House is the smallest of the three, with 10,100 sq ft of space on a half-acre site off Tenth Avenue. It is currently let to the Stephan company, which has a lease ending in January 2036. Annual rent for Delta House is £80,500.
Sippdeal Trustees and Wyn Pearson-Jones were the last to acquire the site, purchasing it for £540,000 in December 2016, according to HM Land Registry. The current guide price for the building is £1m, reflecting a net initial yield of £7.6%.
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,” said Legat Owen director Mark Diaper.
“Each property offers secure income, strong covenants and clear potential for future growth,” he continued.
“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.”
