Warwick House Kingsbury Rd 31,066 SF Industrial Building Curdworth B76 9EE $3,730,447 ($120.08/SF) 6.70% Cap Rate

The subject property is a modern industrial unit fronting Kingsbury Road. The unit was comprehensively refurbished in 2006 and is a single bay warehouse that has been extended to the eastern elevation. The unit has an eaves height of 6.80m and is served to the rear by two roller shutter doors. There are single storey ancillary offices to the front of the unit, a staff welfare area and visitor reception.
The property is used by PHS as a crate washing facility, one of only two the company have in the country – the other being in County Durham. This unit serves the whole of the Midlands and south of the country. The tenant is investing significantly in new crate washing machinery and is planning to undertake upgrade works to the unit once fully installed. Access to the rear yard is directly from Kingsbury Road via a dedicated access road. There is a separate car parking area to the west of the unit and a large grassed area to the front of the property. The building extends to 31,066 sqft on a Gross Internal Area basis.