Vogue Estates

Units 5, 8 20-23 & 32 Strawberry Industrial Estate
Unit M, Key Industrial Park

• Rare opportunity to acquire a multi-unit industrial investment with excellent growth prospects in an established location. 
• Strawberry Lane Industrial Estate and nearby Key Industrial Park is located in Willenhall just off Neachells Lane and is 3 miles east of Wolverhampton City Centre and 4 miles west of junction 10 of the M6 motorway.
• Unit M Key Industrial Park is a modern warehouse with 6.4metre eaves and yard and parking areas.  7 units on Strawberry Lane Industrial Estate are of portal frame construction under pitched roofs with integral offices and have been part refurbished.   
• Total accommodation is 44,918 sq ft with units ranging in size from 3,732 sq ft to 11,333 sq ft
• Predominately let to Vogue (UK) Ltd which manufacture and supply designer heated towel rails and radiators. Lease expiry in November 2028 and a tenants break and capped rent review in November 2026. Unit 5 is let to Ceildoor Products Limited and is currently holding over.
• Current income is £233,033 per annum equating to £5.19 per sq ft overall.
• Estimated reversion by November 2026 of £281,554 per annum.

Offers in excess of £2,700,000 (Two Million Seven Hundred Thousand Pounds) subject to contract and exclusive of VAT. This reflects a Net Initial Yield of 8.11%, a reversionary yield of 9.80% and a capital value per sq. ft. of £60.11 adopting full purchasers’ costs of 6.41%.

Vendors preference is for a sale of the shares of Vogue Estates Limited whose only assets are the properties. Further information available on request.