Plant Lane, Burntwood, WS7
- PROPERTY TYPE
Light Industrial
- SIZE
3,000 sq ft
279 sq m
Key features
- Combined industrial units totaling approximately 3,000 sq ft
- 12% Inital Yield
- 10 year lease to Snackaway Limited from 2025 ( no breaks)
- Initial annual rent of £39,000, rising to £42,000 after five years
Description
Units 7A & 7B are adjoining industrial units located within the well-regarded Plant Lane Business Park in Burntwood. Together, they offer approximately 3,000 sq ft of versatile space suitable for various industrial or commercial uses.
The units are leased by Snackaway Limited, a company specializing in the production and dispatch of fresh sandwiches, filled rolls, and similar bread-based products and salads
A company with a strong presence in the food manufacturing sector, provides a stable and long-term rental income.
Features:
Combined industrial units totaling approximately 3,000 sq ft
Situated within the established Plant Lane Business Park
Excellent transport links to the A5, A38, and M6 Toll
10 year lease to Snackaway Limited from 2025 ( no Break)
Initial annual rent of £39,000, rising to £42,000 after five years
Lease contracted outside the Landlord and Tenant Act 1954
Strategically positioned in Burntwood, the property benefits from excellent connectivity to major transport routes, including the A5, A38, and M6 Toll, facilitating easy access to the wider Midlands region. The area offers a blend of commercial and residential developments, providing a supportive community for businesses.
Investment Opportunity:
This offering presents an excellent opportunity for investors seeking a tenanted industrial asset with a reliable income stream. The lease to Snackaway Limited, a company with a strong presence in the food manufacturing sector, provides a stable and long-term rental income.
The building is offered to the market long leasehold with 980 years remaining.
Service charge approx £250 per annum.
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
All dimensions/measurements are approximate.
Plant Lane, Burntwood, WS7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hednesford Station3.0 miles
- Cannock Station3.2 miles
- Landywood Station3.5 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barney Estates and Auctioneers, London on 020 8432 7330.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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