Offers in region of
£650,000
(£196.97/sq. ft)
Property for saleUnit 35, Enfield Industrial Estate, Redditch B97
3,300 sq. ft
EPC Rating: F
Freehold
About this property
Passing Rent £38,000pa
10 year lease from 2024 - no breaks
Gross yield 5.85%
Fr&I terms
Delphi score 100
Virtually brand new Unit
Description
The Property comprises a steel portal framed, semi-detached, newly-built Factory/Warehouse Unit. Internally, the Property provides a blank canvas ready for tenants’ fit-out works. Access to the Unit is via an insulated sectional loading door, with a separate powder-coated aluminium personnel door, with double-glazed windows at Ground and First Floor level.
The Gross Internal Area (gia) extends to approximately 3,300 sq ft.
Externally, there is a communal fenced and gated Yard, providing ample space for loading and car parking.
Location
The Property is located on Enfield Industrial Estate, approximately 1⁄2 mile north of Redditch Town Centre.
The Property benefits from excellent transport links, with Hewell Road and Windsor Road in close proximity providing ready access to the Town Centre and Bromsgrove via the A448. Redditch Train and Bus Stations are both within convenient walking distance.
Junction 2 of the M42 Motorway is approximately 4 miles to the north via Birmingham Road (A441), with Birmingham City Centre being some 15 miles
to the north.
Tenure
Freehold
Tenancy
The property is let to Belron UK Limited t/a Autoglass on a standard fr&I lease for a term of 10 years, without break, from 3 January 2024 at an initial rent of £38,000pa, subject to review at the end of the 5th year.
The Tenant
Belron UK Limited t/a Autoglass have been established approximately 74 years with a turnover in Dec 2024 of £299,941,000 with pretax profits of £5,980,000, having a Delphi credit rating of 100 out of 100.
Services
All mains services save for gas are connected.
EPC
B35
Purchase Price
£650,000 plus VAT
Rateable Value
£30,750 (April 2026)
Legal Fees
Each Party to bear their own fees
Viewing
Strictly by appointment with our reception on
The Property comprises a steel portal framed, semi-detached, newly-built Factory/Warehouse Unit. Internally, the Property provides a blank canvas ready for tenants’ fit-out works. Access to the Unit is via an insulated sectional loading door, with a separate powder-coated aluminium personnel door, with double-glazed windows at Ground and First Floor level.
The Gross Internal Area (gia) extends to approximately 3,300 sq ft.
Externally, there is a communal fenced and gated Yard, providing ample space for loading and car parking.
Location
The Property is located on Enfield Industrial Estate, approximately 1⁄2 mile north of Redditch Town Centre.
The Property benefits from excellent transport links, with Hewell Road and Windsor Road in close proximity providing ready access to the Town Centre and Bromsgrove via the A448. Redditch Train and Bus Stations are both within convenient walking distance.
Junction 2 of the M42 Motorway is approximately 4 miles to the north via Birmingham Road (A441), with Birmingham City Centre being some 15 miles
to the north.
Tenure
Freehold
Tenancy
The property is let to Belron UK Limited t/a Autoglass on a standard fr&I lease for a term of 10 years, without break, from 3 January 2024 at an initial rent of £38,000pa, subject to review at the end of the 5th year.
The Tenant
Belron UK Limited t/a Autoglass have been established approximately 74 years with a turnover in Dec 2024 of £299,941,000 with pretax profits of £5,980,000, having a Delphi credit rating of 100 out of 100.
Services
All mains services save for gas are connected.
EPC
B35
Purchase Price
£650,000 plus VAT
Rateable Value
£30,750 (April 2026)
Legal Fees
Each Party to bear their own fees
Viewing
Strictly by appointment with our reception on
Mortgage calculator
Monthly repayment
£3,251 per month
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