Industrial Investment

INDUSTRIAL PROPERTY INVESTMENT

 

ROEBUCK STREET // WEST BROMWICH // B70 6RB

 

Industrial / warehouse building

Adjacent to J1 of the M5

86,484 sq ft (GIA)

Let to CHEP UK Ltd for 5 years

Passing rent of £691,712 per annum reflecting £8 psf

Low capital value of £100 psf

Offers invited in the region of £8,650,000 (Eight Million Six Hundred and Fifty Thousand pounds)

Reflecting a net initial yield of 7.50% after purchaser’s costs of 6.68%

The property comprises a detached industrial/warehouse building totalling 86,484 sq ft (8,034.52 sq m) GIA.  The building is situated on a site of 3.59 acres with a site cover of 54%.  Property is let to CHEP UK Ltd from 24 August 2022 for 5 years with a break at 3.  Property benefits from excellent road connectivity. It is adjacent to Junction 1 of the M5 motorway and approximately 5 miles from Birmingham City Centre.

For full details please download the brochure: Roebuck Street, West Brom Brochure

If you require any further information please do not hesitate to contact: