CMT Trading Estate

Broadwell Road, Oldbury B69 4BQ
Sold
CMT Trading Estate
Broadwell Road, Oldbury B69 4BQ
  • Located in Oldbury – an established West Midlands industrial and logistics location strategically positioned either side of the M5 motorway with access at Junctions 1 and 2. 
  • The schemes proximity to the national motorway network provides excellent connectivity to the wider West Midlands conurbation and the rest of the UK with 85% of the population accessible within a 4.5 hour drive time. 
  • Self contained multi let industrial estate comprising seven units extending to approx. 53,424 sq ft.
  • Fully let to two tenants on two leases, providing an AWULT of 7.17 years to expiries and 3.59 years to the earliest determination.
  • Total contracted rent of £334,712 per annum reflecting a low average passing rent of £6.26 per sq ft offering excellent prospects to capture reversion. 
  • Multiple opportunities to add value, with one of the tenants currently holding over and a rent review in 2026. 
  • Freehold.

Offers in excess of £3,930,000 (Three Million Nine Hundred and Thirty Thousand Pounds) subject to contract and exclusive of VAT. This reflects a net initial yield of 8% and £73 per sq ft after allowing for purchasers’ costs of 6.53%.

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