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Unit 31A-B, The Washford Industrial Estate, Redditch, B98 0DH

£1,100,000

£97.39 per sq ft

Business rates & charges may apply

John Truslove, Redditch
SIZE AVAILABLE

11,295 sq ft

1,049 sq m

SECTOR

Distribution warehouse for sale

Key features

  • Gross Rental Income £96,000pa
  • Gross Yield 8.73 %
  • Popular location
  • 11,295 sqft plus Mezz floors 2,928 sqft
  • Fenced and Gated site
  • Freehold

Description

Description
The Property comprises a single storey detached Factory Warehouse premises standing on a total site area of some 0.71 acres including spacious Forecourt and Yard.

The premises has a total Gross Internal Floor Area is some 11,295 sq ft., split into:

Unit 31a – 4995 sq ft plus mezzanine floor of 1628 sq ft.
Unit 31b - 6300 sq ft plus mezzanine floor of approximately 1300 sq ft.

The Property was constructed approximately 30 years ago with dwarf height masonry and lined profile steel clad walls, together with lined profile steel clad roof supported by way of a steel portal frame.

The Property is in reasonable condition throughout.

Location
The Units are accessed off Heming Road within Washford Industrial Estate, approximately 4 miles south-east of Redditch Town Centre.

The area benefits from excellent access to the Motorway Network with the A435 leading to Junction 3 of the M42 approximately 5 miles to the north. The M42 provides excellent access to the National Exhibition Centre and Birmingham International Airport, and connect directly to the M5 at Bromsgrove, M6 at Coleshill and M40 at Junction 4.

Tenure
Freehold subject to tenancies below.

Tenancies
Unit 31a - let to Thompson and Sons for a term of 3 years from 1 January 2025 at a rent of £48,000pa

Unit 31b - let to Inside Out Events for a term of 5 years from 1 January 2025 at a rent of £48,000pa

Both leases are Full Repairing and Insuring terms.

Purchase Price
£1,100,000

Services
All mains services are available and connected to each unit.

Rateable Value
The property has been split into various hereditaments, by contact reception for details.

EPC
B36

Legal Fees
Each party to bear their own fees

Viewing
Strictly by appointment with our reception on

Anti-Money Laundering
In accordance with Anti-Money Laundering Regulations, we require two forms of identification and confirmation of the source of funding from all purchasers.

Brochures

Unit 31A-B, The Washford Industrial Estate, Redditch, B98 0DH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redditch Station2.5 miles
  • Danzey Station4.1 miles
  • Wood End Station4.5 miles

About John Truslove, Redditch

Daralbee House Archer Road, Redditch, Worcestershire, B98 8DJ

John Truslove is a Redditch based property consultancy which was established over 30 years ago.

We advise clients on all aspects of commercial property within the West Midlands, Worcestershire and Warwickshire.

The first and most important thing for you to know is that, quite simply, we aim to be good and honest.

Good to deal with, honest and true, professional and effective.

Notes

These notes are private, only you can see them.

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