- 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.
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.