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294 Cherrywood Rd 165,528 sq ft 100% Let Industrial Property Birmingham B9 4UU £5,000,000 (£30.21/sq ft) 8.40% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Property enjoys extensive frontages onto both Cherrywood Road & Burbidge Road
- Excellent communicational links. Junction 6 of the M6 motorway
- Birmingham City Centre is located approximately 2.5 miles north west
EXECUTIVE SUMMARY
The subject premises provides ground floor, industrial/warehouse accommodation (18 units), including various yard facilities.
Offers in excess of £5,000,000 (five million pounds) are invited for this valuable freehold interest, subject to the current rental income.
Offers in excess of £5,000,000 (five million pounds) are invited for this valuable freehold interest, subject to the current rental income.
PROPERTY FACTS
| Price | £5,000,000 | Costar Property Class | C |
| Price per sq ft | £30.21 | Total Plot Size | 3.80 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 165,528 sq ft |
| Yield | 8.40% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1984 |
| Property Type | Industrial | Parking Allocation | 0.04/1,000 sq ft |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 5 |
| Price | £5,000,000 |
| Price per sq ft | £30.21 |
| Sale Type | Investment |
| Yield | 8.40% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 3.80 ac |
| Net Internal Area (NIA) | 165,528 sq ft |
| No. Floors | 1 |
| Year Built | 1984 |
| Parking Allocation | 0.04/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 5 |
AMENITIES
- Yard
- Roller Shutters
- Demised WC facilities
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294 Cherrywood Rd
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