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Toll Point Lichfield Rd 82,551 sq ft 97% Let Industrial Property Brownhills WS8 6JP £4,500,000 (£54.51/sq ft) 9.02% Net Initial Yield
INVESTMENT HIGHLIGHTS
- A unique opportunity to acquire a well established multi let industrial estate strategically located 1 mile from M6 Toll (Brownhills Interchange)
- The estate extends to 126,514 sq ft (11,753.55 sq m) and consists of 30 industrial and 8 offices arranged across an L shaped industrial estate
- Let on a mixture of leases and licences to 28 individual tenants providing a total passing rent of £425,117 per annum reflecting a very low average re
EXECUTIVE SUMMARY
PROPERTY FACTS Sale Pending
| Price | £4,500,000 | Costar Property Class | C |
| Price per sq ft | £54.51 | Total Plot Size | 3.40 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 82,551 sq ft |
| Yield | 9.02% | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1986 |
| Property Type | Industrial | Parking Allocation | 0.84/1,000 sq ft |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 20 |
| Price | £4,500,000 |
| Price per sq ft | £54.51 |
| Sale Type | Investment |
| Yield | 9.02% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 3.40 ac |
| Net Internal Area (NIA) | 82,551 sq ft |
| No. Floors | 1 |
| Year Built | 1986 |
| Parking Allocation | 0.84/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 20 |
AMENITIES
- Courtyard
- Security System
- Signage
- Yard
- Roller Shutters
- Storage Space
- Air Conditioning
- Smoke Detector
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
The suites are situated within a mixed use building on Toll Point Industrial Estate with the offices located at the front facing the site entrance. The estate benefits from a security and is fenced throughout. The office suites are accessed via a dedicated ground floor entrance and are located on the first floor off a shared hallway. The suites range from 150 sq ft - 2,300 sq ft and benefit from privacy and natural light. There is ample parking on the estate that is available on a first-come-first-serve basis. The suites are available by way of a new Lease, on terms to be agreed. Alternatively, the suites are available on a short term licence on terms to be agreed.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 28 | 150-2,300 sq ft | Office | Partial Fit-Out | Now |
1st Fl-Ste 28
| Size |
| 150-2,300 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
1st Fl-Ste 28
| Size | 150-2,300 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
The suites are situated within a mixed use building on Toll Point Industrial Estate with the offices located at the front facing the site entrance. The estate benefits from a security and is fenced throughout. The office suites are accessed via a dedicated ground floor entrance and are located on the first floor off a shared hallway. The suites range from 150 sq ft - 2,300 sq ft and benefit from privacy and natural light. There is ample parking on the estate that is available on a first-come-first-serve basis. The suites are available by way of a new Lease, on terms to be agreed. Alternatively, the suites are available on a short term licence on terms to be agreed.
Presented by
Toll Point | Lichfield Rd
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