Units 3 to 8 Witton Park Industrial Estate

Bickford Road, Birmingham B6 7EE
Sold
Units 3 to 8 Witton Park Industrial Estate
Bickford Road, Birmingham B6 7EE
  • Prominent industrial investment opportunity situated in a prime West Midlands industrial and logistics location. 
  • Strategically located site within close proximity to the A38 and M6 motorway, providing unrivalled national connectivity.
  • Self-contained, secure single let estate comprising six units extending to 33,153 sq ft.
  • Let in its entirety to Hauck Heat Treatment Ltd with a total headline rent of £161,221 per annum reflecting a low average rent of £4.86 per sq ft.
  • WAULT of 4.19 years to lease expiry providing future asset management opportunities.
  • Freehold.

We are instructed to seek offers in excess of £1,900,000 (One Million Nine Hundred Thousand Pounds) subject to contract, which reflects a net initial yield of 8.00% after allowing for purchaser’s costs of 6.25%.  A purchase at this level would show a low capital value of £57 per sq. ft.

Downloads

Click below to download the sales particulars:

Further Information

If you would like any further information on the above property please get in touch with us.
Get in touch

Subscribe to the MK2 mailing list:

MK2 Real Estate | 4th Floor | One Seven Two Edmund St | Birmingham | B3 2HB
RICS
© MK2 Real Estate 2018. All Rights Reserved. Site by Diablo
usersdownload linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram