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Woolaston Road, Redditch, B98 7SG

£2,850,000

£112.99 per sq ft

Business rates & charges may apply

John Truslove, Redditch
SIZE AVAILABLE

25,223 sq ft

2,343 sq m

SECTOR

Commercial property for sale

Key features

  • Let to Edward Thomas Interiors Limited
  • New 10 year lease
  • Rent £190,000 pa exclusive
  • Gross Yield of 6.67%
  • Tenant Delphi score 72
  • Freehold

Description

Description
The Property comprises a detached modern Factory Warehouse arranged as lofty warehouse benefiting from two vehicular access doors, an eaves height of 6.06m and heating via gas fired warm air heaters, together with two mezzanine platform stores.

In addition there are attached two storey offices providing a combination of both General and Private Office and a good complement of welfare facilities. The offices are fitted to a high standard throughout, having been refurbished in recent years. Heating and lighting are installed together with double glazed aluminium framed windows.

The accommodation is arranged as:

Warehouse - 19,294 sqft
Offices including WCs and kitchenette 5,929sqft
Total GIA = 25,223 sqft ((2344sqm)

Plus two mezzanine platforms within the warehouse of 3,397sqft.

Outside there is an large car park together with fenced and gated secure yard.

Location
The property is located at the corner of Howard Road and Old Forge Drive in the popular and established Park Farm Industrial Estate, which benefits from being at the heart of the motorway network with Junctions 2 & 3 Of the M42 being only 4 miles north via the A441 and A435 respectively. Junctions 4 & 5 of the M6 provide good access to Birmingham and the north, as well as Worcester and the south.

The premises are located on the outskirts of Redditch with the Town Centre being 1½ miles to the west. Evesham is located 6 miles to the south and Solihull 4 miles to the north.

Opportunity
We are instructed to offer a sale of the above Freehold subject to a brand new 10 year lease-back to Edward Thomas Interiors Limited on Full Repairing and Insuring Lease at a rent of Edward Thomas Interiors Limited at £190,000 per annum.

Edward Thomas Interiors Limited
Edward Thomas Interiors, founded in 2015 are an interior design firm operating exclusively within the new homes sector. Based in Redditch but working across the UK, our team designs, creates and installs bespoke show homes, sales centres, garden suites and retirement living complexes.

Delphi rating of 72.

Purchase Price
£2,850,000 plus VAT

Services
All Mains Services are connected.

Rateable Value
£154,000

EPC
D100

Anit Money Laundering
In accordance with Anti-Money Laundering Regulations, we will require two forms of Identification.

Viewing
Strictly by appointment with our reception on

Brochures

Woolaston Road, Redditch, B98 7SG

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redditch Station1.9 miles
  • Danzey Station4.5 miles
  • Alvechurch Station4.6 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.

Disclaimer - Property reference 376865-1. 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 John Truslove, 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.