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Wellington Road - Waterloo Park, Alcester, WAR

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DetailMap
Waterloo Park Wellington Road

Alcester, B50 4JH


Property type:Industrial Sub type:Warehouse Status:Existing Year built:1988
Building size:20,698 sq ft Land area:-
Eaves height:16'4'' Loading docks:-
For sale price:See individual listings Price:For Sale
Yield:-
Sprinklers:- Drive in bays:6 tot.
Amenities:Yard, Roller Shutters, Storage Space


For Sale listings:
Floor
Sq ft Available
Price
Status
Space Use
  GRND
3,166
£210,000
Available
Industrial
  GRND
3,428
£220,000
Available
Industrial
 
3224023
3224025
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Floor
Sq ft Available
Price
Status
Space Use
GRND
3,166
£210,000
Available
Industrial
GRND
3,428
£220,000
Available
Industrial
The property comprises a terrace of six industrial/warehouse units of steel portal frame construction with brick/block elevations.

The property is located on Waterloo Industrial Estate, which is to the north of Bidford-on-Avon, west of Stratford upon-Avon and east of the A46. The A46 links junction 9 of the M5 motorway to the south through to junction 3 of the M42, to the north of Redditch via the A435.

Sale Notes:
We understand that both properties are held long leasehold in tenure from a term of 125 years from 25 December 1988. There is ground rent payable to the Freeholder which is set to double every 15 years from an initial rent of £150 per annum per unit, at the start of the term.

The property is sold as an income producing investment, subject to a full repairing and insuring occupational leases to KSB Precision Ltd. The leases will be concurrent for a term of 10 years from the date of completion at a total initial rent of £31,500 per annum (£15,500 pa for unit 1 and £16,000 pa for unit 3). There will be a tenant option to break after 5 years.

Both units are for sale Long Leasehold as one lot at £430,000, exclusive, subject to contract.
Consideration will also be given to selling the units individually, as follows:
Unit 1: £210,000, exclusive.
Unit 3: £220,000, exclusive.



Sanderson Weatherall LLP
James Carver
0121 269 0022


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