Skip to content

Greenhill Works, Birmingham Road, Kidderminster, Worcestershire, DY10

Offers in Region of
£4,500,000

£29.08 per sq ft

Business rates & charges may apply

Edwards Property Consultants, Manchester
SIZE AVAILABLE

154,743 sq ft

14,376 sq m

SECTOR

Industrial development for sale

Key features

  • Substantial freehold industrial and warehouse complex of approx. 154,743 sq. ft. G.I.A. on a large 6.6 acre site
  • Advantageous dual access off A456 Birmingham Road and Hurcott Road
  • Excellent connectivity via major arterial A456 Birmingham Road to J3 and J4 of the M5 and Birmingham City Centre
  • Kidderminster Town Centre, Crossley Retail Park, Kidderminster Train Station, Aggborough Stadium and Kidderminster College are all a short walk from the property
  • Part income producing, generating £44,200 p.a.
  • Exceptional alternative use potential, notably residential redevelopment S.T.P
  • Value-add asset management opportunities include subdivision and reconfiguration which will yield significant rental uplift
  • Offers in the order of £4,500,000 invited for the freehold interest, reflecting a capital value of only £29 per sq.ft.

Description

The property comprises a substantial industrial and warehouse complex totalling approx. 154,743 sq. ft. on a large 6.6 acre site.

The property is made up of units of varying size, age, specification, and condition which have been acquired, constructed, and extended since the 1920s.

The property was previously occupied by Adam Carpets and utilised for the manufacture, storage,
and distribution of high quality carpet. The property has benefitted from a robust maintenance programme and therefore is in good condition.

The original industrial accommodation is of brick and block construction with north-lit steel truss roofs covered by asbestos cement sheeting. The original accommodation has been augmented by later steel portal frame extensions with part brick, part steel clad elevations and mono and pitched steel profile lined roofs. Loading is via various manual and electric roller shutter doors to the south, north east, and centre of the site.

The property is substantially vacant but there are four occupied units to the north of the site generating an income of £44,200 p.a. Further information can be found in the brochure.

Exceptional alternative use potential, notably residential redevelopment S.T.P. Please enquire for further information and a copy of a Planning Review for the site.

Brochures

Greenhill Works, Birmingham Road, Kidderminster, Worcestershire, DY10

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kidderminster Station0.8 miles
  • Blakedown Station2.5 miles
  • Hagley Station4.1 miles

About Edwards Property Consultants, Manchester

26 King Street, Manchester, M2 6AY

Edwards have been advising clients since 1992. From agency to investment, asset management to valuation, we provide straightforward advice.

We act for start-up enterprises and global organisations, SME's and private investors. We also act for pension funds and leading banks.

Whilst our client base is eclectic, it is also select, allowing us to properly advise our clients through our personalised approach. Our clients know they are getting the best advice and a clear understanding of the market.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference GreenhillWorks. 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 Edwards Property Consultants, Manchester. 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.

Map data ©OpenStreetMap contributors.