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UNDER OFFER

Unit 3, Washford Trade & Retail Park, Washford Drive, Redditch, Worcestershire, B98 0GZ

£5,417 pcm
£65,000 pa

£13.04 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

4,986 sq ft

463 sq m

SECTOR

Light industrial facility to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Modern trade counter unit.
  • 4,986 sq ft (463.2 sq m)
  • Steel portal frame construction
  • Prominent position on Washford Road with easy access to both the M42 and M5 motorways
  • Constructed in 2006
  • Roller shutter loading door
  • Dedicated car parking spaces

Description

Location

The property is located in Redditch, a town located 13 miles south of Birmingham, 13 miles northeast of Solihull and 6 miles west of Bromsgrove.
The town has strong transport connectivity, being situated approximately 2 miles south of Junctions 2 and 3 of the M42 motorway which links to the M6 in the north and the M5 in the south.
More specifically, the property is situated on Washford Retail and Trade Park. The property benefits from a prominent position on the Washford Road, with easy access to Junction 3 of the M42 provided via the A441 dual carriageway.
Complimentary trade users on the estate include Howdens, Dreams Ltd, Greggs Plc, Angling Direct Plc and YESSS Electrical Ltd

Description

Modern trade counter unit.
4,986 sq ft (463.2 sq m)
Steel portal frame construction
Constructed in 2006
Prominent position on Washford Road with easy access to both the M42 and M5 motorways
Roller shutter loading door
Dedicated car parking spaces

Tenure Comments

The premises is available leasehold on a new eFRI lease for a term of 10 years, subject to Vacant Possession.

EPC

The property has an EPC Rating of B(44).

Service Charge Information

The park runs a service charge scheme to meet the cost of repair and maintenance of communal services. Charge to be confirmed.

Planning

We are seeking trade or bulky-goods retail uses. Interested parties should ensure they undertake their own due diligence to ensure their intended use is permitted.

VAT

VAT may be payable on any transaction at the prevailing rate.

Legal Costs

Each party is to cover their own legal and surveyors costs on any transaction.

Brochures

Unit 3, Washford Trade & Retail Park, Washford Drive, Redditch, Worcestershire, B98 0GZ

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redditch Station2.2 miles
  • Danzey Station4.5 miles
  • Wood End Station4.8 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 227LH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Creative Retail, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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