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Maybrook Industrial Estate, Maybrook Road, Brownhills, Walsall, West Midlands, WS8 7DG

Guide price

£3,250,000

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Size

23,600

Tenure

Freehold

EPC

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Parking

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Primary use: Light industrial

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Key features

The Property comprises multi-let industrial estate comprising 15 units arranged across two facing terraces totalling 23,600 sq ft
Generates £225,700 per annum reflecting a low, reversionary, average passing rent of £9.46 per sq ft
Property benefits from a WAULT of 1.3 years to break and 2.9 years to expiry
Rare freehold opportunity subject to the occupational leases, 5 units have been sold off Long Leasehold
Site totals 2.10 acres reflecting a low site cover of 38%
A purchase at asking reflects a net initial yield of 6.52% assuming standard purchaser's costs of 6.52%.

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Description

The subject property offers a rare opportunity to acquire the freehold investment of the Maybrook Industrial Estate on Maybrook Road in Brownhills. The industrial estate extends to a total of units and boasts full occupation. The current passing rent is £225,700 per annum exclusive.

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Additional information

Clear height: Ask agent
Yard depth: Ask agent
Service charge: £0
Business rates: £0
Use class: Ask agent
Listed building: Ask agent

Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Brochure

Maybrook Industrial Estate, Maybrook Road, Brownhills, Walsall, West Midlands, WS8 7DG

NEAREST STATIONS

Bloxwich Station

3.49 miles

Shenstone Station

3.68 miles

Bloxwich North Station

3.7 miles

About Burley Browne, Sutton Coldfield

Burley Browne is an independent firm of chartered surveyors, commercial property agents and retail/leisure property consultants with offices in Sutton Coldfield and Birmingham City Centre. Burley Browne offer a high quality, comprehensive and professional property service.

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Disclaimer - Property reference 8079FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Burley Browne, Sutton Coldfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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Maybrook Industrial Estate, Maybrook Road, Brownhills, Walsall, West Midlands, WS8 7DG

23,600

Freehold

Key features

Description

Brochure

Maybrook Industrial Estate, Maybrook Road, Brownhills, Walsall, West Midlands, WS8 7DG

About Burley Browne, Sutton Coldfield

Your search history

Maybrook Industrial Estate, Maybrook Road, Brownhills, Walsall, West Midlands, WS8 7DG

23,600

Freehold

Key features

Description

About Burley Browne, Sutton Coldfield

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