Unit 31 A-B Washford Industrial Estate, Heming Road, Redditch, B98 0DH
Size
11,295
Tenure
Freehold
EPC
Parking
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- Primary use
- Distribution warehouse
No floor / site plan
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
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
B 36
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.
- Clear height
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- Yard depth
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- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Unit 31 A-B Washford Industrial Estate, Heming Road, Redditch, B98 0DH
About Benjamin Stanley Ltd, Redditch
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.
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Disclaimer - Property reference 358223-1. 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 Benjamin Stanley Ltd, Redditch. 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.