1 & 2 Bromwich Court

Gorsey Lane, Coleshill, B46 1JU
Current Sale
1 & 2 Bromwich Court
Gorsey Lane, Coleshill, B46 1JU
  • Rare opportunity to acquire a multi-let office building on a large site with significant asset management potential.
  • Prominently positioned on Gorsey Lane in Coleshill and with easy access to Junction 4 of the M6, T1 and T2 of the M6 Toll and Junctions 8 and 6 of the M42
  • 3 story high quality office building divisible into wings with two reception areas and extending to 45,114 sq. ft. with 187 car parking spaces (1:241 sq. ft.)
  • Let to four tenants together with a small suite subject to a 12 months rental guarantee and producing a rent of £550,701.50 equating to £12.21 per sq ft overall.
  • Excellent covenant strength and with a WAULT to lease expiry of approximately 4.3 years and the WAULT to break clause of 1.9 years
  • Offers in excess of excess of £6,000,000 (Six Million Pounds) subject to contract and exclusive of VAT reflecting a net initial yield of 8.61% and a low capital value of £133 assuming purchasers’ costs of 6.63%.

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 | 57 Cornwall Street |  Birmingham | B3 2EE
RICS

© MK2 Real Estate 2021. All Rights Reserved. Site by Diablo

usersdownload linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram