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74-80A Hednesford Rd 4,167 - 6,839 sq ft Retail Units Offered at £325,000 - £450,000 Per Unit in Cannock WS12 3EA
INVESTMENT HIGHLIGHTS
- Fully Let Investment Property
- Overall Gross Internal Area 6,839 sq ft (636.2 sq m)
- Showroom, Trade Counter & Warehouse
EXECUTIVE SUMMARY
The property is situated on the main B4154 Hednesford Road in the centre of Heath Hayes close to all its amenities. Heath Hayes itself is situated approximately 3 miles to the east of Cannock and 6 miles to the south of Rugeley. There is good access to the A5 and T7 of the M6 Toll Road, and junctions 11 and 12 of the M6 motorway are approximately 4 and 5 miles away respectively.
PROPERTY FACTS Sale Pending
| Total Property Size | 11,682 sq ft | Typical Floor Size | 9,591 sq ft |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Warehouse | Total Plot Size | 0.46 ac |
| Costar Property Class | B | Parking Allocation | 0.85/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 11,682 sq ft |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 9,591 sq ft |
| Year Built | 1950 |
| Total Plot Size | 0.46 ac |
| Parking Allocation | 0.85/1,000 sq ft |
AMENITIES
- Yard
- EPC - C
- Roller Shutters
- Storage Space
2 UNITS AVAILABLE
Unit 74
| Unit Size | 4,167 sq ft | Sale Type | Owner Occupier |
| Price | £325,000 | Tenure | Freehold |
| Price Per sq ft | £77.99 | Net Initial Yield | 10.46% |
| Unit Use | Retail | NOI | £34,000 |
| Unit Size | 4,167 sq ft |
| Price | £325,000 |
| Price Per sq ft | £77.99 |
| Unit Use | Retail |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Net Initial Yield | 10.46% |
| NOI | £34,000 |
DESCRIPTION
The property comprises a detached two storey brick and tile building
constructed around 1980. It is currently arranged as offices with a ground
floor storage area, accessed from a roller shutter door. The property
occupies a shared yard and has car parking around its perimeter.
SALE NOTES
Property available for sale.
74 Hednesford Rd 2nd brochure pic
Unit 80A
| Unit Size | 6,839 sq ft | Sale Type | Investment |
| Price | £450,000 | Tenure | Freehold |
| Price Per sq ft | £65.80 | Net Initial Yield | 7.56% |
| Unit Use | Retail | NOI | £34,000 |
| Unit Size | 6,839 sq ft |
| Price | £450,000 |
| Price Per sq ft | £65.80 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.56% |
| NOI | £34,000 |
DESCRIPTION
The property comprises a fully let showroom/trade counter and
associated warehouse and stores. It has allocated car parking within a
shared site. The property is let to MPH Merchant Ltd for 10 years from
May 2020.
SALE NOTES
Fully Let Investment Property
Current Income £34,000 per annum exclusive
80A Hednesford Rd brochure pic 2
Presented by
74-80A Hednesford Rd
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