Units 3 to 8 Witton Park Industrial Estate

• Prominent industrial investment opportunity situated in a prime West Midlands industrial and logistics location. 
• Strategically located site within close proximity to the A38 and M6 motorway, providing unrivalled national connectivity.
• Self-contained, secure single let estate comprising six units extending to 33,153 sq ft.
• Let in its entirety to Hauck Heat Treatment Ltd with a total headline rent of £161,221 per annum reflecting a low average rent of £4.86 per sq ft.
• WAULT of 4.19 years to lease expiry providing future asset management opportunities.
• Freehold.

We are instructed to seek offers in excess of £1,900,000 (One Million Nine Hundred Thousand Pounds) subject to contract, which reflects a net initial yield of 8.00% after allowing for purchaser’s costs of 6.25%.  A purchase at this level would show a low capital value of £57 per sq. ft.