Status: Sold

Bromsgrove Commercial Investment Premises

  • Units A & B Priory House, Saxon Business Park, Bromsgrove B60 4AD
  • 5,366 sq ft (498.51 sq m)
  • Guide Price £480,000 currently producing £36,000 per annum

Industrial investment opportunity. Currently producing £36,000 per annum (£15,000 per unit and £6,000 for additional car parking)  let on a new ten-year lease to HME Technology, the leading supplier and installer of Design & Technology and Science equipment for schools. The lease is subject to an upwards only rent review in accordance with market rent on the fifth anniversary and no break options within the lease.

Units A & B Priory House are located on Saxon Business Park which is one of Bromsgrove’s prime out of town business parks. Approximately three miles to the south of Bromsgrove town centre, with Junction 5 of the M5 motorway being approximately three miles to the south west, Junction 4 of the M5 motorway being approximately six miles to the north and junction 1 of the M42 motorway being approximately four miles to the north.

 

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