Well Located within the established Park Farm Industrial Estate
2024 Rent Review Outsatnding
Approx. 0.29 Hectares (0.71 Acres) (1)
Approx. 35% site coverage
Longer-Term Redevelopment Potential (Subject to Consents)
Approx. 1.5 Miles South-East of Redditch Town Centre
Nearby Occupiers include Costcutter, Baylis & Harding, Travis Perkins, Screwfix and Halfords
Lot 40
Auction 29th October 2026
Rent £15,250 per Annum Exclusive (3)
Status Withdrawn Prior
Price
Sector Industrial, Ground Rent
Auction Venue Live Streamed Auction
Property Information
Location
Miles
1.5 miles south-east of Redditch Town Centre, 15 miles south of Birmingham, 15 miles north-east of Worcester
Roads
A441, A435, M42 (J2 & J3), M5 (J4A)
Rail
Redditch Railway Station
Air
Birmingham Airport
Situation
The property is situated within the established Park Farm Industrial Estate, approximately 1.5 miles south-east of Redditch Town Centre. The estate benefits from excellent road communications, with the A448 providing access to the A441 and A435, which in turn connect with the M42 motorway.
The Park Farm Industrial Estate is one of Redditch’s principal commercial and industrial areas and is home to a wide range of national and local occupiers, including Costcutter, Baylis & Harding, Travis Perkins, Screwfix and Halfords.
The property is situated on the south side of Crossgate Road, close to its junction with Studley Road (A448).
Tenure
Freehold.
Location
Miles
1.5 miles south-east of Redditch Town Centre, 15 miles south of Birmingham, 15 miles north-east of Worcester
Roads
A441, A435, M42 (J2 & J3), M5 (J4A)
Rail
Redditch Railway Station
Air
Birmingham Airport
Situation
The property is situated within the established Park Farm Industrial Estate, approximately 1.5 miles south-east of Redditch Town Centre. The estate benefits from excellent road communications, with the A448 providing access to the A441 and A435, which in turn connect with the M42 motorway.
The Park Farm Industrial Estate is one of Redditch’s principal commercial and industrial areas and is home to a wide range of national and local occupiers, including Costcutter, Baylis & Harding, Travis Perkins, Screwfix and Halfords.
The property is situated on the south side of Crossgate Road, close to its junction with Studley Road (A448).
Tenure
Freehold.
Description
The property comprises a broadly rectangular and level site of approximately 0.29 hectares (0.71 acres) with site coverage of approximately 35%.
The property includes a large secure yard providing loading and car parking areas, accessed directly from Crossgate Road, and benefits from longer term redevelopment potential (subject to consents).
VAT
Please confirm VAT status
EPC
Band D.
Description
The property comprises a broadly rectangular and level site of approximately 0.29 hectares (0.71 acres) with site coverage of approximately 35%.
The property includes a large secure yard providing loading and car parking areas, accessed directly from Crossgate Road, and benefits from longer term redevelopment potential (subject to consents).
VAT
Please confirm VAT status
EPC
Band D.
Tenancy & Accommodation
Floor
Use
Site Area Ha
Site Area (Acres)
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Ground
Industrial
0.29
(0.71)
MULLER REDDITCH LIMITED (01011334)(2)
99 Years from 25/12/1972
£15,250 (3)
25/12/2024 and 14 yearly, (24/12/2071) (4)
Total Approximate Site Area
0.29
(0.71)(1)
£15,250
(1) The site area quoted above is stated within the Lease. (2) Muller Redditch Limited (CRN 01011334) was incorporated in 1971 and forms part of the Muller group of engineering companies. The company specialises in CNC machining, providing complex, high-tolerance components using multi-axis lathes and machining centres (https://www.muller-england.co.uk/). (3) The Rent Reserved under occupational sublease is £70,000 per annum exclusive. (4) The lease provides for upward only rent reviews every 14 years to Open Market Ground Rental Value. The 25/12/2024 rent review is outstanding.
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.
