Plots 1,2, 5, 10 & 11 (Units 1, 4-7) Oldington Trading Estate, Kidderminster DY11 7QP
Manufacturing Head Quarters premises for sale.
- 5,269 m2 (56,694ft2) of versatile accommodation
- Prominently located overlooking A451 Stourport Road employment corridor
- Generous parking and rear loading yard
- Available with vacant possession
Location
Kidderminster 2 * Droitwich M5 13 * Worcester 13 ½
* Birmingham 20
Approximate Distance in Miles
Situation
The premises are located in Kidderminster’s primary employment corridor, being part of Oldington Trading Estate; overlooking the A451 Stourport Road. This employment corridor has been transformed over the last 10 years with extensive developments to include IGS (Vision Labs), Ambulance & Fire Station hub, Greggs, 24/7 Gymnasium, Aldi and Costa. Road communications have been improved with the A4420 Silverwoods Way Bypass, which connects to the A449 Worcester Road. This position lies approx. 2 miles south of Kidderminster Town Centre and 2 miles north of Stourport on Severn. Access to the National Motorway network is via Junction 3 – 7 of the M5 and Junction 1 of the M42. Kidderminster also has an excellent network connection to the National A road system.
Accommodation
Description
Extended and partly refurbished in 2014, the premises are currently a Head Quarters manufacturing facility, set behind tarmacadam parking and loading bay, providing a feature fully glazed entrance hall providing access to ground and first floor offices. The front industrial/workshop accommodation is thereafter divided into three principle areas. There is parking along the right hand boundary of the property and enclosed service yard to rear. Plots 10 & 11 are located to towards the rear of the Estate.
Unit 1
Having been refurbished & extended in 2014. The building has architectural cladding to front, inset offices to ground and first floor, canteen, washrooms and a feature spiral staircase. There are front and rear roller shutter doors, also with access
to the abutting units. A 2 tonne travelling crane will remain in situ along with blow air gas heaters.
Unit 4
A low rise workshop with 3.0m to the underside of the roof truss and double glazing to side elevation, with direct parking in front.
Unit 5
Constructed in 1992 this steel frame warehouse interconnects with the adjoining units and has a separate loading access to the rear yard. Eaves height 5.16m to haunch.
Unit 6
A low rise light industrial unit with parking to front and side and roller shutter loading bay. There are brick built offices to front, with the rear open plan warehouse having good natural light, with upvc double glazed windows.
Unit 7
A portal frame industrial building with 7.5 metres to eaves and good levels of natural light.
Outside
There is a rear service yard with gated entry providing access into units 1, 4 & 5. To the side of the property there is further parking and loading areas. The front parking area was re-surfaced in 2014 and provides good levels of car parking, along with adjacent loading bay.
Terms
Tenure
The properties are for sale with vacant possession with this being envisaged as available from September – December 2024. The properties are held on a long leasehold basis with a term of 95 years unexpired, extending to the 30th April 2118. Ground rents are
Unit 1 - £70.00 pa, Unit 2 - £9,160 pa Unit 5 -£50 pa total £9,280 per annum. Units 6 & 7 - £12,00 pa
Guide Prices
Plots 1, 2 & 5 (Units 1,4 & 5) - Offers based on £1,950,000
Plots 10 & 11 (Units 6 & 7) - Offers based on £860,000 (These plots may be available slightly earlier in June 2024)
VAT
We are informed by the Vendor that the premises is subject to VAT.
Energy Performance
EPC rating – Awaiting Certification
Rating Assessment
Plots 1, 2 & 5 (Units 1,4 & 5) - rateable valuable £133,000
Plots 10 & 11 (Units 6 & 7) - rateable valuable £54,000