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Freehold

£600,000

(£112.49/sq. ft)

Industrial for sale

Units 8-10, Enfield Industrial Estate, Redditch B97
5,334 sq. ft

£600,000

(£112.49/sq. ft)

Industrial for sale
Units 8-10, Enfield Industrial Estate, Redditch B97

    • 5,334 sq. ft

Freehold

About this property

  • Fully Let

  • Detached Terrace

  • Additional 3,505 sq ft Mezz Floors

  • Fenced & Gated Yard

  • Convenient Location

  • Easy Access to M42

Description

The Property comprises a terrace of three self-contained Factory/Warehouse Units, each benefiting from vehicular access via roller-shutter doors, WCs and Mezzanine Floors with regard to Units 9 & 10.

Units 8 & 9 are let to Redditch Gymnastics Club Ltd, with offices and storage to the mezzanine floor.

Unit 10 is occupied by a weightlifting supplier, Weightlifting House Ltd, with a mezzanine providing good quality offices.

The premises have the following Gross Internal Areas:
Unit 8 - 1,787 sq ft
Unit 9 - 1,767 sq ft plus mezz offices 1,725 sq ft
Unit 10 - 1,780 sq ft plus mezz offices 1,780 sq ft

Externally, there is a secure fenced and gated yard, providing space for loading, unloading and parking.

Location

The Property is located on the established Enfield Industrial Estate, half a mile from Redditch Town Centre. Transport links are excellent, with Hewell Road and Windsor Road in close proximity. The Train Station and Bus Station in Redditch Town Centre are both within walking distance.

Windsor Road, which is immediately to the north of the Property leads to Jct 2 of the M42, approximately 4 miles to the North via Birmingham Road/Alvechurch Highway (A441).

Tenancies

Units 8 & 9 are let on Fri terms for 10 years from October 2023 at £27,500 Per Annum (+VAT). The lease has a rent review date in October 2028.

Unit 10 is let on Fri terms at £15,000 Per Annum (+VAT), expiring July 2026.

Legal Fees

Each party to bear their own fees.

Asking Price

£600,000 (+VAT)

Tenure

Freehold

Viewings

Strictly by appointment with our office on .

Rateable Value

Units 8 & 9 - £19,500
Unit 10 - £7,300

More information

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