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Watling St

Tamworth, B77 5BZ

Industrial for Sale
£205,000
1,117 sq ft
1 Unit Available

Energy Performance: C
Air Conditioning
Security System

Tamworth Light Industrial for Sale

Rare opportunity to acquire a freehold investment opportunity. Current passing rent £11,800 per annum. Offers in excess of £205,000.

Contact:

Burley Browne

Property Subtype:

Light Distribution

Date on Market:

19/01/2024

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Industrial Properties for Sale Near the Tamworth, London

More details for 1-3 Hedging Lane Industrial Estate, Tamworth - Industrial for Sale

1-3 Hedging Lane, Industrial Estate - 1-3 Hedging Lane Industrial Estate

Tamworth, B77 5HH

Industrial for Sale
£3,800,000
52,975 sq ft

24 Hour Access

Tamworth Industrial for Sale

Sale for a mission critical 52,975 sq ft high tech manufacturing and distribution facility within the logistics Golden Triangle. The space is fully let to Amphenol Invotec limited a strong covenant with a 3A2 Dun & Bradstreet Score. Mission critical site manufacturing complex printed circuit boards employing 260+ staff supplying defence and domestic industries. Tenant investment into the building in excess of £50m. The property comprises three interlinked industrial units totaling 52,975 sq ft. New 15-year lease from 22nd July 2025, including 5 yearly rent reviews to OMV, tenant only break option in year 10. Passing rent of £304,250 per annum (£5.75 psf) Offers in excess of £3,800,000 (three million, eight hundred thousand pounds) a purchase at this level reflects a net initial yield of 7.50% and a low capital value of £71.73 psf, assuming standard purchasers costs.