430 Vale Park, Enterprise Way, Evesham_Property for Sale
430 Vale Park, Enterprise Way, Evesham_Property for Sale

430 Vale Park, Enterprise Way, Evesham

430 Vale Park, Worcester, WR11 1AD

Description

Originally constructed in 2008 by renowned Midlands-based developer Stoford, the property comprises a steel frame warehouse with profile metal cladding and a pitched roof, measuring 24,338 sq ft across ground floor warehouse space and two-storey offices, including a mezzanine floor. The warehouse is equipped with two loading doors, staff welfare facilities, heating, LED lighting, and offers a maximum eaves height of 7.23m.


The property has recently undergone an extension to the warehouse, which completed in September 2025. Office areas are well-appointed with suspended ceilings, recessed lighting, wall mounted radiators, air conditioning, perimeter trunking, double-glazed windows, WCs and kitchen area.


Externally, the site benefits from substantial yard space, 14 car parking spaces and 192 50kW roof mounted solar panels, estimated to produce 42,831 kWh annually.

...

Attributes

Building area gross
2,261 sm
Occupancy
100%
WAULT
5 years
Deal Type
Sale & Leaseback
EPC
Grade B
Year built
2008

Media

Investment highlights

  1. Modern industrial sale & leaseback investment opportunity located on the highly successful and established Vale Park, Evesham, located in close proximity to Birmingham and Worcester
  2. Strategically accessed immediately off the A46 which provides direct access to the A44 and Junction 9 of the M5, connecting to the wider national motorway network
  3. Excellent connectivity to major UK markets of Birmingham, Manchester and London with just under 90% of the UK population within a 4 hour drive time
  4. Property extends to a total of 24,338 sq ft (2,261.07 sq m) including mezzanine floor
  5. The property will be let on a new straight 5 year lease to Mad Group (HQ) Limited (D&B rating 2A1), guaranteed by Merrithew International Inc.
  6. The passing rent will be rent of £201,828.25 pa, reflecting £8.50 psf (mezzanine rentalised at a 50% rate) with an attractive rent review in the 3rd year to the higher of Open Market Value or CPI compounded annually (with a cap and collar of 2% - 4% p.a.) guaranteeing a significant rental uplift at next review
  7. The Mad Group are a highly attractive, low-risk tenant operating as an international leader in the fitness industry with a strong parent company guarantor, Merrithew International Inc
  8. EPC – B (46), future proofing the ESG credentials of the asset
  9. Freehold


Proposal


We are instructed to seek offers in excess of £2,509,000 (Two Million Five Hundred and Nine Thousand Pounds) subject to contract and exclusive of VAT.


A purchase at this level reflects an attractive net initial yield of 7.50%, a low capital value of £103.09 psf, assuming standard purchaser’s costs which is significantly below the total replacement value of the asset.




430 Vale Park, Enterprise Way, Evesham 4_Property for Sale
430 Vale Park, Enterprise Way, Evesham 4_Property for Sale

Contact brokers

430 Vale Park, Enterprise Way, Evesham (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Oct 1, 2025