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For Sale

Under Offer

Units 8-10,
Enfield Industrial Estate,
Redditch,
Worcestershire,
B97 6BG

  • Industrial, Investment
  • 8,839 Sq Ft
  • £625,000

Freehold Industrial Investment Opportunity

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Key Features

  • Part Let
  • Detached Terrace
  • Additional 3,505 sq ft Mezz Floors
  • Fenced & Gated Yard
  • Convenient Location
  • Easy Access to M42

Property 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.

Externally, there is a secure fenced and gated yard, providing space for loading, unloading and parking.
Tenancies
Units 8 & 9 are let on FRI terms to Redditch Gymnastics Club Ltd 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 available To Let on FRI terms at £18,000 Per Annum (+VAT).
Legal Fees
Each party to bear their own fees.
Asking Price
£625,000 (+VAT)
Tenure
Freehold
Viewings
Strictly by appointment with our office on 01527 584 242.
Rateable Values
Units 8 & 9 - £26,000
Unit 10 - £9,700

Accommodation

Name/FloorSq FtSq MAvailability
Ground Unit 81,787166.02Occupied
Ground Unit 91,767164.16Occupied
1st Unit 91,725160.26Occupied
Ground Unit 101,780165.37Available
1st Unit 101,780165.37Available
Total8,839821.17 

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).

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