Unit B6 Ratio Park Kidderminster Worcestershire DY11 7FB

Unit B6 Ratio Park
Kidderminster
Worcestershire
DY11 7FB

Freehold Modern Industrial Investment

Let to CDA Flooring Ltd with a guarantee from Ash Flooring Solutions Ltd until 2024 (subject to option)
Situated on a well established industrial estate
Modern industrial unit with overhead access door and dedicated parking
Neighbouring occupiers include Wyre Forest District Council, Stourport on Severn Town Council, International Glazing Services, Spokes Bicycle Shop and Specsavers

Lot
39
Auction
12th February 2020
Rent
£11,470 per Annum Exclusive
Status
Sold
Price
£135,000
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
Marble Arch
London W1H 7TN

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Freehold Modern Industrial Investment

Let to CDA Flooring Ltd with a guarantee from Ash Flooring Solutions Ltd until 2024 (subject to option)
Situated on a well established industrial estate
Modern industrial unit with overhead access door and dedicated parking
Neighbouring occupiers include Wyre Forest District Council, Stourport on Severn Town Council, International Glazing Services, Spokes Bicycle Shop and Specsavers

Lot 39
Auction 12th February 2020
Rent £11,470 per Annum Exclusive
Status Sold
Price £135,000
Sector
Industrial, Warehouse
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
Marble Arch
London W1H 7TN

Property Information

Location

Miles: 18 miles south-west of Birmingham; 16 miles south of Wolverhampton
Roads: A451, A449, M5, M42
Rail: Kidderminster Railway Station
Air: Birmingham Airport

Situation

Ratio Park is located within an established industrial location some 2.5 miles south of Kidderminster town centre, directly fronting the main A451 Stourport Road.
The property is situated on the well established industrial estate Fine Point Business Park, comprising commercial and office buildings. Neighbouring occupiers include Wyre Forest District Council, Stourport on Severn Town Council, International Glazing Services, Spokes Bicycle Shop and Specsavers.

Tenure

Freehold.

Location

Miles: 18 miles south-west of Birmingham; 16 miles south of Wolverhampton
Roads: A451, A449, M5, M42
Rail: Kidderminster Railway Station
Air: Birmingham Airport

Situation

Tenure

Freehold.

Description

The property comprises a modern industrial unit with a mezzanine floor at the rear, an eaves height of approximately 4.1 metres (13ft 6ins) and dedicated car parking.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Description

The property comprises a modern industrial unit with a mezzanine floor at the rear, an eaves height of approximately 4.1 metres (13ft 6ins) and dedicated car parking.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground and Mezzanine	Industrial	106.60 sq m	(1,147 sq ft)	CDA FLOORING LTD guaranteed by Ash Flooring Solutions Ltd	5 years from 02/05/2019 (1) on a full repairing and insuring lease	£11,470 (2)	01/05/2024
Total		106.60 sq m	(1,147 sq ft)			£11,470 (2)

(1) The lease provides for a tenant option to determine on 02/05/2022 with a 6 month notice period.
(2) The seller is holding a rent deposit of £2,000.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.