Unit 1 BSA Industrial Estate

198 Golden Hillock Road, Birmingham B11 2PN
Sold
Unit 1 BSA Industrial Estate
198 Golden Hillock Road, Birmingham B11 2PN

An opportunity to acquire a single let, last mile logistics industrial warehouse with guaranteed reversion.

  • Prominently located last mile logistics warehouse 2 miles south of Birmingham city centre, extending to 78,488 sqft. 
  • Let to MacDermid Performance Solutions UK Limited until 27th April 2033, providing approximately 8.6 years term certain. 
  • FRI terms
  • Low passing rent of £389,470 per annum, equating to £4.96 psf.
  • Fixed increases on 24th June 2026 to £459,970 (£5.86 psf) and 28th April 2028 to £532,734 (£6.79 psf).
  • Significant tenant investment including a new roof, installation of 1,400 PV panels and EV charging bays. 
  • Freehold

We are instructed to seek offers in excess of £7,010,000 (Seven Million and Ten Thousand Pounds), subject to contract and exclusive of VAT. 

A purchase at this level reflects a Net Initial Yield of 6.15% and a reversionary yield of 7.12% in 2028 and potentially 11.97% in 2033.

A sale at this level equates to a low capital value of £89 psf. Purchasers costs of 6.65%.

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Further Information

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