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Industrial Premises & Yard. Showell Rd 28,905 sq ft Industrial Property Wolverhampton WV10 9LU £1,517,500 (£52.50/sq ft) 8% Net Initial Yield
EXECUTIVE SUMMARY
Prime Industrial Investment – Showell Road, Wolverhampton, WV10 9LN
Let to GES Recycling Limited (Gestampa Group)
A secure, income-producing industrial investment let to GES Recycling Limited, part of the internationally recognised Gestampa Group, a major supplier to the global automotive sector.
The property comprises The Old Transformer House, Showell Road, Wolverhampton, providing approximately 28,905 sq ft of industrial accommodation.
Rent: £121,400 per annum
Lease Term: 1st May 2019 – 30th April 2029
Unexpired Term: Approx. 3+ years
Tenant Act: Inside the Landlord & Tenant Act 1954
Sale Price: £1,517,500
This is a well-located Midlands industrial investment offering a strong covenant, secure income and reversionary potential.
Let to GES Recycling Limited (Gestampa Group)
A secure, income-producing industrial investment let to GES Recycling Limited, part of the internationally recognised Gestampa Group, a major supplier to the global automotive sector.
The property comprises The Old Transformer House, Showell Road, Wolverhampton, providing approximately 28,905 sq ft of industrial accommodation.
Rent: £121,400 per annum
Lease Term: 1st May 2019 – 30th April 2029
Unexpired Term: Approx. 3+ years
Tenant Act: Inside the Landlord & Tenant Act 1954
Sale Price: £1,517,500
This is a well-located Midlands industrial investment offering a strong covenant, secure income and reversionary potential.
PROPERTY FACTS
| Price | £1,517,500 | Net Internal Area (NIA) | 28,905 sq ft |
| Price per sq ft | £52.50 | No. Floors | 1 |
| Sale Type | Investment | Year Built | 1999 |
| Yield | 8% | Tenancy | Single |
| Tenure | Freehold | Parking Allocation | 0.52/1,000 sq ft |
| Property Type | Industrial | Eaves Height | 41 ft (12.50 m) |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Costar Property Class | B |
| Price | £1,517,500 |
| Price per sq ft | £52.50 |
| Sale Type | Investment |
| Yield | 8% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Net Internal Area (NIA) | 28,905 sq ft |
| No. Floors | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Allocation | 0.52/1,000 sq ft |
| Eaves Height | 41 ft (12.50 m) |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Fenced Lot
- Yard
- Roller Shutters
- Storage Space
UTILITIES
- Lighting
- Gas
- Water
- Sewer
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Industrial Premises & Yard. | Showell Rd
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