Walter Nash Rd W
Kidderminster DY11 7QY
Coppice Trading Estate · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Four industrial buildings (with Units 3 & 4 being combined to offer one unit)
- All EPCs are rated as E.
- Parking / Yard Area
EXECUTIVE SUMMARY
Unit 1 – Nicol Transmission (UK) Ltd – 7,615 sq ft / 707.08 sq m @ £33,000 p/a – £4.33 p sq ft
Lease expiry within 2 years
Unit 2 – Vacant – 8,356 sq ft / 776.70 sq m – Vacant
Units 3&4 – True Line Expanded Products Ltd – 19,931 sq ft / 1,852.35 sq m @ £60,000 p/a – £3.01 per sq ft – Holding Over
Total – 35,902 sq ft / 3,336.13 sq m @ £93,000 p/a – £3.38 per sq ft
The above represents an initial yield of 2.90%. There is a strong reversionary potential with the two occupied units being under rented and the vacant unit being in a marketable condition.
Lease expiry within 2 years
Unit 2 – Vacant – 8,356 sq ft / 776.70 sq m – Vacant
Units 3&4 – True Line Expanded Products Ltd – 19,931 sq ft / 1,852.35 sq m @ £60,000 p/a – £3.01 per sq ft – Holding Over
Total – 35,902 sq ft / 3,336.13 sq m @ £93,000 p/a – £3.38 per sq ft
The above represents an initial yield of 2.90%. There is a strong reversionary potential with the two occupied units being under rented and the vacant unit being in a marketable condition.
PROPERTY FACTS
| Sale Type | Investment |
| Net Initial Yield | 3.45% |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | 36,887 SF |
| Number of Floors | 2 |
| Year Built | 1978 |
AMENITIES
- Yard
- EPC - B
- Roller Shutters
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Water
- Sewer
