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Rylands Ln
Droitwich WR9 0QZ
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Redevelopment to provide new industrial units or longer term could be potential for residential development (STP)
  • Large site of 20.3 acres (8.2 ha) with a low 20% site cover
  • Located in-between Droitwich and Kidderminster, 8 miles north-west of Junction 5 of the M5 Motorway
  • Within the more immediate vicinity, prime headline rents are now in excess of £8 psf, with secondary stock around £6-£7 psf
  • A high-yielding, reversionary multi-let industrial estate with multiple asset management opportunities.
  • Multi-let to 4 tenants with a WAULT of 5.9 yrs to expiry and 2.1 yrs to break. 100% of the space is subject to a rolling landlord redevelopment break

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Costar Property Class B
Total Plot Size 41.82 ac
Net Internal Area (NIA) 41,033 sq ft
No. Floors 1
Year Built 1980
Tenancy Single
No. Dock-High Doors/Loading 2

AMENITIES

  • Fenced Lot
  • Yard
  • Roller Shutters
  • Storage Space

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Listing ID: 31388622

  • Date on Market: 02/04/2024

  • Last Updated:

  • Address: Rylands Ln, Droitwich WR9 0QZ

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