Units 2-4, 1622 Bristol Road South, Rednal, Longbridge, Birmingham B45 9TY
sold
£1,535,000
Sep 2024
Acting on behalf of a private property company client AP Investment has recently sold this industrial investment in Longbridge.
The property is located just off Bristol Road South across the A38 from Longbridge Business Park.
Three unit industrial terrace had been refurbished and let to a single occupier on two separate leases. Units 2&3 were let until May 2027.
Unit 4 was let until December 2026 with a mutual break option from the end of Year 1.
The combined rent is £131,250, an average of £8.45 per sq ft.
The investment was purchased by a private investor client of TDB Real Estate.
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