SOLD - Units 2,3 & 4 Anne Road, Smethwick

SOLD - Units 2,3 & 4 Anne Road, Smethwick

  • High Yielding Investment Opportunity
  • Located at Anne Road, Smethwick, 3 miles from Birmingham City Centre
  • Steel Stockholding warehouse in three bays with one overhead crane
  • 21,574 sq ft
  • Let to Ayreshire Metals on a new 5 years lease with tenants break at year 3 at a rent of £48,352 pa equating to £2.25psf
  • Offers in the region of £500,000 (Five Hundred Thousand Pounds) subject to contract reflecting a net yield of 9.24% after purchasers costs of 4.70% and low capital value of £23.17psf
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