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Apex @ i54 Business Park , Wolverhampton

Offers Over
£8,650,000

£127.42 per sq ft

Business rates & charges may apply

Savills, Birmingham
SIZE AVAILABLE

67,884 sq ft

6,307 sq m

SECTOR

Commercial property for sale

Key features

  • Modern industrial investment let for an unbroken term of 12 years
  • Situated in a prime West Midlands location at Junction 2 of the M45 Motorway
  • Located inn a prominent location on the i54 Business Park
  • Constructed in 2021, the property extends to 67,884 sq ft (6,306 sq m)
  • Low passing rent of £475,188 per annum, reflecting only £7.00 per sq ft
  • The next rent review is in May 2027.
  • Based on CPI figures and projections, rent increase to circa £8.50 per sq ft

Description

Apex @ i54 reached practical completion in the summer of 2021. The property comprises a modern high specification industrial manufacturing
facility, with excellent ESG credentials. The asset extends to 67,884 sq ft (6,306 sq m) on a site of 3.4 acre. (1.40 hectares) equating to a low site coverage of 43%



The property is prominently located on Innovation Drive at the entrance to i54, highly visible from the M54 Motorway and situated directly adjacent to the JLR Engine Plant. Road connectivity is unparalleled due to the direct access to Junction 2 of the M54 Motorway which is situated within a 2 minute drive to the east of the property. The M54 in turn connects with the M6 Motorway southbound (Junction 10A), approximately 6 minutes drive to the east of the property. The M6 northbound connection at Junction 11 is approximately 8 minutes drive north east from the property via the A460, which also gives access to the M6 Toll.

The A449 trunk road passes close to the i54 Business Park’s eastern boundary and provides access to Stafford in the north and Wolverhampton city centre to the south.

Brochures

Apex @ i54 Business Park , Wolverhampton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bilbrook Station2.3 miles
  • Codsall Station2.8 miles
  • Wolverhampton Station3.5 miles

About Savills, Birmingham

55 Colmore Row, Birmingham, B3 2AA

Notes

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