Crescent
Trade Park Redditch B98 9HN
New Warehouse/Industrial Trade Counter Units To Let (May Sell) 1,485 to 9,084 sq ft • Prominent Frontage • Adjoins busy McDonalds Drive-Thru
• Moons Moat/Ravensbank premier employment area
• Units let to Greggs and Subway
• Shell finish for occupier’s fit out
• Under 5 minutes to J3 of M42
• Units can be combined
• Redditch Centre 2 miles
• Completion December 2017
www.crescenttradepark.co.uk
LOCATION Redditch is a thriving, growing town (population circa 85,000) just south of Birmingham, with major companies such as Halfords and GKN headquartered in it. Its Ravensbank zone is shortly to host a further 1 million sq ft (approx.) of new industrial and employment space to permit expansion of its healthy manufacturing and distribution base. Moons Moat and Ravensbank are the prime employment and distribution areas, lying just East of the town centre and adjacent to the A435 trunk road leading to the M42 (J3 under 5 minutes). Redditch town centre is 2 miles to the East via the A4023 Coventry Highway (dual carriageway).
TENURE/TERMS
Crescent Trade Park lies in Moons Moat North with prominent road frontage to Moons Moat Drive and faces the entrance to one of the busiest McDonalds drive-thru restaurants in the Midlands.
All mains services available (Gas/Water/Electricity/Telecoms
USE
Each party to bear its own legal costs
All units have flexible planning use covering B1(c) and B2 (light
VAT
and general industrial) and B8 (storage and distribution/ trade counter).
Units available on new full repairing and insuring lease (terms to be agreed). Some units may be available to purchase. Further information available from the joint agents.
SERVICES ducts).
LEGAL COSTS
VAT will be chargeable on rents and purchase prices
SPECIFICATION The units will offer the following specification: · Steel portal frame to 6.5m (u/side of haunch) · 1st floor windows for occupier’s mezzanine floors. · Shell finish ready for occupier’s fit out. · Micro-rib insulated cladding panels. · Power floated concrete floors. · Main Service connection points provided. · Full height loading doors. · Concrete yards. Allocated car parking. · Management scheme for common areas. · EV Charging points on front of each unit.
Crescent Trade Park Redditch
Crescent Trade Park, Moons Moat Drive Redditch B98 9HN
A
ACCOMMODATION and Allocated Parking
B
C
D
E
F
G H I J
L
K
ACCOMMODATION (Gross Internal Area) including allocated parking
Sq ft
Sq m
Car spaces
Sq ft
Sq m
Car spaces
Unit A
2,928
272
8
Unit G
1,528
142
4
Unit B
2,928
272
8
Unit H
1,485
138
4
Unit I
1,485
138
4
2,067
192
6
Unit C
2,276
211.5
6
Unit D
2,266
210.5
6
Unit J
Unit E
2,266
210.5
6
Unit K
LET
Unit F
2,276
211.5
6
Unit L
LET
Crescent Trade Park Moons Moat Drive, Redditch B98 9HN
k Drive
sban Raven
To Birmingham J3 M42 Moons Moat North Industrial Estate
Ravensbank Extension Mers
A4497
Crescent Trade Park Redditch
e Rd
MOONS MOAT SOUTH
A435
A4023
A4023
South Moons Moat Industrial Estate Alde
Redditch Town Centre J4 M5
A435
rs Dr ive
Stratford-upon-Avon M5 J9
VIEWING Coleshill
M38(M) Smethwick
Birmingham
Stourbridge
Strictly by apointment with the joint agents.
A45
Halesowen A435 A456
A34
A38
M5
Hagley
Solihull
Shirley A441
A491 A38
M42
Dorridge
Earlswood
M42 A441 A435
M5 A448
Trade Park Redditch
A441
Droitwich Spa
Studley Astwood Bank
M40
Henley-in-Arden A435
Hanbury
[email protected] Lapworth
Tamworth in Arden
Crescent
Redditch
Hampton Lovett
David Penn
Hockley Heath
Bromsgrove Cutnall Green
www.bromwichhardy.com
Knowle
A34
A435
A38
A448
Hollywood
A448
Claverdon
Morton Bagot Wootton Wawen
Feckenham Coughton
Aston Cantlow A46
A422
Kenny Allan
[email protected] Important: These brief particulars have been prepared as agents for our clients and are intended as a convenient guide to supplement an inspection or survey. Their accuracy is not guaranteed. They contain statements of opinion and in some instances we have relied on information provided by others. You should verify the particulars on your visit to the property and the particulars do not obviate the need for a full survey and all the appropriate enquiries. Accordingly, there shall be no liability as a result of any error or omission in the particulars or any other information given.
Our Ref: DJP/MLP/5086 23/06/2017 CRESCENT TRADE PARK, Moons Moat Drive, Redditch B98 9HN Initial Quoting Rents/Prices Size Unit No K Greggs L Subway A B C D E F G H I J
Sq ft 1,300 1,300 2,928 2,928 2,276 2,266 2,266 2,276 1,528 1,485 1,485 2,067
Sq m 120.77 120.77 272.02 272.02 211.45 210.52 210.52 211.45 141.96 137.96 137.96 192.03
Price
380,000 380,000 299,000 299,000 N/A N/A N/A N/A N/A N/A
Rent per annum LET LET 27,816 (£9.50 per sq ft) 27,816 (£9.50 per sq ft) 21,622 (£9.50 per sq ft) 21,527 (£9.50 per sq ft) 22,650 (£10.00 per sq ft) 22,750 (£10.00 per sq ft) 15,300 (£10.00 per sq ft) 14,850 (£10.00 per sq ft) 14,850 (£10.00 per sq ft) 20,600 (£10.00 per sq ft)
SUBJECT TO CONTRACT Terms • All units are available to let on leases for a minimum unbroken term of 10 years. • Whilst leases are preferred by the Landlord, Units A, B, C and D may be available for sale by way of a new lease for a term of 999 years, subject to a nominal ground rent. Long Leaseholders will also have a share in the Management Company, which will own the freehold.
David Penn BA (Econ) BSc (Est Man) FRICS Partner Bromwich Hardy 1 The Cobalt Centre Siskin Parkway East Middlemarch Business Park Coventry CV3 4PE Tel: 024 7630 8900 Mobile: 07771 774640 Fax: 024 7630 2620