Key Features
- Fully let Office Investment
- Quality Tenant
- Let for 5 years
- Income £19,500 pa
- Gross yield 7.22%
- Prominent location
Description
The Property comprises a mid-terraced three storey office building arranged as:-
Ground Floor:- Retail / Reception Area leading to small Kitchenette and separate male and female WC’s. The stairs ascend to:-
First Floor:- Landing off which opens 2 Offices and continue to:-
Second Floor:- Comprising 2 Offices.
The total Net Internal Floor Area is some 1,334 sq ft (124 sqm).
The Property is constructed with rendered masonry walls beneath a ridged and pitched tiled roof. Internally the Property is in reasonably good order throughout incorporating LED lighting, heating by way of metal radiators connected to gas fired boiler and having carpet tiles.
Windows are of single glazed timber framed casements and sash cords.
To the rear two Car Parking spaces are demised.
Location
The Property occupies a prominent position within the prime business location of Church Green, situated in the heart of Redditch Town Centre.
The Property overlooks St Stephens Church across a wide paved and pedestrianised area to the front, with various occupiers including Lloyds and National Westminster banks. The Kingfisher shopping centre is a short walking distance together with the Council offices, Library and College.
There are several car parks close by and the Property is within walking distance of the bus and railway stations.
Opportunity
The property is let in full to The Best Connection Group Limited for a term of 5 years from 31 January 2024 at a rent of £19,500pa. The Tenant is responsible for all outgoings. The Best Connection Group Limited have been trading since 1991 and are one of the UKs leading providers of temporary staffing solutions.
Services
All mains services are abvailable
Anti-Money Laundering
In accordance with the Anti-Money Laundering Regulations, we require two forms of identification and confirmation of source o funding from all purchasers
Available Area
| Floor/Unit | Description | Size (Sq Ft) |
| g | Retail/Reception Area | 1 |
| g | Kitchenette | 1 |
| g | Male & Femle WC's | 1 |
| 1st | Landing & 2 offices | 1 |
| 2nd | 2 Offices | 1 |
| Total | 5 |
EPC
Band D (92)
Legal Fees
Each party to bear their own fees
Viewing
Strictly by appointment with our office on 01527 584 242
Make Enquiry
Please complete the form below and a member of staff will be in touch shortly
