Details

Units 48A-B & C-D, The Leys, Brierley Hill, DY5 3UP

Guide Price

£315,000

Floor Area (Max)

3,600 SqFt ( 334 SqM )

Hexagon Commercial Property presents a rare investment opportunity to acquire four industrial units producing an income of £30,360 this represents 9.6% yield, on the well-established Premier Partnership Estate in Brierley Hill. The units comprise of steel portal frame construction and a mixture of half height brick elevations and cladding. The units benefits from good loading access and car parking. The current owner is currently in negotiations with one of the tenants which will see total passing rent to increase to £31,200 per annum, providing a yield of 9.9%.

Location

The property is prominently located to the south-east of the popular Premier Partnership Estate on The Leys, Brockmoor. Premier Partnership Estate is a well positioned and established industrial estate comprising a series of self contained units designed for industrial and warehouse uses. The estate is located in the Brockmoor area, with Wolverhampton and Birmingham city centres both located within 13 miles as well as access to the M5 motorway and its surrounding networks being 7.5 miles away.

Accomodation

48A - 900 Sq Ft

48B - 900 Sq Ft

48C - 900 Sq Ft

48D - 900 Sq Ft

Total - 3,600 Sq Ft

Rating

48A RV - £5,900

48B RV - £12,750

48C RV - £5,800

48A RV - TBC

Terms

We are seeking offers for the long-leasehold interest in the region of £315,000.

Contact Details

Jack Summers
01384 374888
js@hexagoncommercial.co.uk