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Springvale Ave 80,458 sq ft Industrial Property Bilston WV14 0QL For Sale
Executive Summary
Let on a FR&I lease to Hill & Smith Infrastructure Limited and guaranteed by Hill & Smith PLC until 26 November 2038 (12 years term certain) at a current rent passing of £525,000 per annum, equating to a low £6.51 per sq ft. The lease benefits from Five yearly open market rent reviews. The next rent reviews are 27th Nov 2028 and 27th Nov 2033.
Property Facts
| Sale Type | Investment | No. Floors | 2 |
| Tenure | Freehold | Year Built | 1998 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Allocation | 0.77/1,000 sq ft |
| Costar Property Class | B | Eaves Height | 26 ft 2 in (7.98 m) |
| Total Plot Size | 11.23 ac | No. Drive In / Grade-Level Doors | 4 |
| Net Internal Area (NIA) | 80,458 sq ft |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 11.23 ac |
| Net Internal Area (NIA) | 80,458 sq ft |
| No. Floors | 2 |
| Year Built | 1998 |
| Tenancy | Single |
| Parking Allocation | 0.77/1,000 sq ft |
| Eaves Height | 26 ft 2 in (7.98 m) |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Fenced Lot
- Security System
- Signage
- Skylights
- Yard
- EPC - D
- Reception
- Roller Shutters
- Storage Space
- Monument Signage
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Springvale Ave
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