Birmingham Rd - Manufacturing FOR SALE


Kidderminster, WOR DY10 2RN
$4,500,000 USD
156-254-3886
Birmingham Rd, Kidderminster, WOR for Sale
$4,500,000 USD
Manufacturing - FOR SALE
1/12
null | Request Cap Rate

Birmingham Rd
Kidderminster, WOR DY10 2RN


HIGHLIGHTS

  • Substantial freehold industrial and warehouse complex of approx. 154,743 sq. ft. G.I.A. on a large 6.6 acre site
  • Advantageous dual access off A456 Birmingham Road and Hurcott Road
  • Excellent connectivity via major arterial A456 Birmingham Road to J3 and J4 of the M5 and Birmingham City Centre
  • Value-add asset management opportunities include subdivision and reconfiguration which will yield significant rental uplift
  • Part income producing, generating £44,200 p.a.
  • Exceptional alternative use potential, notably residential redevelopment S.T.P

OVERVIEW

Offers in the order of £4.5 million invited for the freehold interest subject to contract. The property comprises a substantial industrial and warehouse complex totalling approx. 154,743 sq. ft. on a large 6.6 acre site. The property is made up of units of varying size, age, specification, and condition which have been acquired, constructed, and extended since the 1920s. The property was previously occupied by Adam Carpets and utilised for the manufacture, storage, and distribution of high quality carpet. The property has benefitted from a robust maintenance programme and therefore is in good condition. The original industrial accommodation is of brick and block construction with north-lit steel truss roofs covered by asbestos cement sheeting. The original accommodation has been augmented by later steel portal frame extensions with part brick, part steel clad elevations and mono and pitched steel profile lined roofs. Loading is via various manual and electric roller shutter doors to the south, north east, and centre of the site

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Greenhill Industrial Estate

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

8

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.91

LAND SF

301,000

ZONING

-

APN/PARCEL ID

WR146704,WR76406

ASK ABOUT THIS PROPERTY

Ben HolyheadWatling Real EstateMore Info
156-254-3886

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Ben HolyheadWatling Real EstateMore Info
156-254-3886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.