Broad Ground Road
Redditch
Date acquired: November 2017
Location: Unit 1, Broad Ground Road, Lakeside Industrial Estate, Redditch, B98 8YP
Size: 26,179 sq ft / 2,432 sq m
Tenant: Single let to Meritor Aftermarket UK Ltd
Location: Unit 1, Broad Ground Road, Lakeside Industrial Estate, Redditch, B98 8YP
Size: 26,179 sq ft / 2,432 sq m
Tenant: Single let to Meritor Aftermarket UK Ltd
Part of Project Darby, the corporate acquisition of RVB Investments Ltd which owned 40 assets; 32 warehouses and 8 offices. The portfolio provides numerous opportunities to add significant value through minor and major refurbishments followed by leasing voids, renegotiating existing and expired leases and carrying out unimplemented rent reviews.