Unit 46 Heming Road

Washford Estate, Redditch, B98 0EA
Current Sale
Unit 46 Heming Road
Washford Estate, Redditch, B98 0EA
  • Single let industrial facility in an established core industrial location.
  • Situated on Washford Industrial Estate, one of Redditch’s premier industrial estates.
  • Well located close to Junction 3 of the M42 motorway.
  • Self-contained warehouse facility extending to a total of 20,709 sq ft.
  • Site area of 1.02 acres (0.4127 hectares) providing a site coverage of 47%.
  • Let in its entirety to Entaco Limited who have been in occupation since 2010. 
  • Low passing rent of £105,010 per annum reflecting £5.07 per sq ft.
  • Reversion to a rent in the region of £113,902 per annum reflecting £5.50 per sq ft overall. 
  • Freehold.

Offers in excess of £1,580,000 (One Million Five Hundred and Eighty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect an attractive Net Initial Yield of 6.25% and a capital value of £76 per sq ft. 

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