Black Country Portfolio

• Rare opportunity to acquire three separate single let industrial buildings in the heart of the Black Country
• All located in close proximity to Wolverhampton City Centre with excellent connectivity to junction 2 of the M54 and junction 10 of the M6 motorways.
• Three buildings totalling 98,516 sq. ft. and produce an income of £461,650 per annum which equates to a very low average rent of £4.68 per sq ft.
• Established tenants with lease expiries ranging from April 2029 to January 2035.
• Excellent opportunity for future rental growth
• All properties are held freehold.

We are instructed to seek offers for the portfolio is excess of £5,000,000 (Five Million Pounds) subject to contract and exclusive of VAT which shows a net initial yield of 8.7% and a very low capital value per sq ft of £50.75 assuming purchasers’ costs of 6.6%

Consideration will also be given for offers for the individual units as well as for the portfolio.