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
Sector Industrial/Warehouse
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
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
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.
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 £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
