27-29 Sherwood Road, Bromsgrove

• Highly prominent multi-let trade counter investment opportunity in the well established industrial and trade location of Aston Fields Industrial Estate, Bromsgrove
• Bromsgrove is a successful commercial centre in Worcestershire, located approximately 15 miles (24.14 km) south west of Birmingham City Centre
• Excellent transport links with the A38 Bromsgrove Bypass connecting to J1 of the M42 and J5 of the M5, providing access to the wider national motorway network
• Highly visible trade location fronting Sherwood Road, the main arterial route through Aston Fields Industrial Estate, the main industrial & commercial area within Bromsgrove
• Comprises of 4 trade counter units extending to a total of 38,561 sq ft (3,582 sq m)
• Fully let to high profile trade occupiers including Howdens, Toolstation, Screwfix and Wigwam Self Storage
• Highly reversionary passing rent of £272,300 p.a. with a low average rent of £7.31 psf
• Rents in the surrounding area have reached in excess of £10.00 psf, with a number of comparable transactions in the £8.50 - £10.50 psf rental range
• Numerous asset management angles to improve rents, term and value. Unit 4 (14,067 sq ft) has a rent review during 2026 with a passing rent of £6.75 psf
• Average weighted unexpired term of 10.13 years to expiry and 7.12 years to break
• Freehold

We are instructed to seek offers in excess of £3,940,000 (Three Million, Nine Hundred and Forty Thousand Pounds) reflecting a net initial yield of 6.50% with strong reversionary prospects, assuming standard purchaser’s costs of 6.80%. This price reflects a low capital value of only £102.18 psf.