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74-80A Hednesford Rd 6,839 sq ft Retail Unit Offered at £450,000 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.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.56% |
| Sale Type | Investment |
| Net Initial Yield | 7.56% |
| Tenure | Freehold |
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.
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
Current Income £34,000 per annum exclusive
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 80A | 6,839 sq ft | Retail | £450,000 (£65.80/sq ft) | £34,000 |
Unit 80A
| Unit Size |
| 6,839 sq ft |
| Unit Use |
| Retail |
| Price |
| £450,000 (£65.80/sq ft) |
| NOI |
| £34,000 |
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Unit 80A
| Unit Size | 6,839 sq ft |
| Unit Use | Retail |
| Price | £450,000 (£65.80/sq ft) |
| NOI | £34,000 |
| Sale Type | Investment |
| Net Initial Yield | 7.56% |
| Tenure | Freehold |
| Description | |
| The property comprises a fully let showroom/trade counter and<br> associated warehouse and stores. It has allocated car parking within a<br> shared site. The property is let to MPH Merchant Ltd for 10 years from<br> May 2020.</li></ul> | |
| Sale Notes | |
| Fully Let Investment Property<br> <br> Current Income £34,000 per annum exclusive</li></ul> |
Property Facts Sale Pending
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 11,682 sq ft | Typical Floor Size | 9,591 sq ft |
| Property Type | Industrial (Unit) | 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 (Unit) |
| 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
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74-80A Hednesford Rd
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