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Alto House, Ravensbank, Redditch

The property is a detached warehouse building with ancillary office accommodation constructed in the early 1980s with a new warehouse extension completed in 2002.

The property has a prominent position on North Moons Moat estate, a well established industrial and distribution location accessed from Junction 3 of the M42. The Ravensbank Business Park is opposite and nearby occupiers include AT & T, SP Group, Johnson Controls and NTL.

Date Purchased:   November 2002
Tenure:   Long leasehold with option to purchase freehold
Tenants:   Sapa Profiles UK Limited
Total Current Rent:   £250,000 per annum
Lease Expiries:   2020