Citrus Commercial Circle, Manchester

West Bromwich, Sandwell B70

Offer in excess of

£1,500,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Light industrial
Other use(s)
Warehouse, Heavy industrial

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Transport links
  • Well connected
  • Natural light
  • Open plan
  • Plug and play
  • Raised floor
  • Storage space

Key features

  • Freehold industrial and trade counter investment
  • Established West Bromwich / Black Country location
  • Fully let to a major national occupier
  • Annual rent in excess of £110,000
  • Approximately 12 years remaining on the lease
  • No tenant break options
  • Upward-only open market rent reviews
  • Guide price in excess of £1.5 million at approximately 7% NIY

Description

Citrus Commercial Circle is pleased to offer a confidential opportunity to acquire a modern trade counter and industrial warehouse investment situated within an established commercial location in the West Bromwich / Black Country area of the West Midlands.

The property occupies a prominent and highly accessible position with excellent connections to the regional and national motorway network.

The investment is fully let to a well-established national trade operator, providing secure long-term income backed by a strong corporate covenant.

INVESTMENT HIGHLIGHTS
• Freehold industrial and trade counter investment
• Established West Bromwich / Black Country commercial location
• Excellent access to the West Midlands motorway network
• Fully let to a major national occupier
• Current annual rent in excess of £110,000
• Approximately 12 years remaining on the lease
• No tenant break options
• Upward-only open market rent reviews
• Full repairing and insuring lease structure
• Potential for future rental growth
• Guide price in excess of £1.5 million
• Net initial yield of approximately 7%

LOCATION
The property is situated within the West Bromwich area of the West Midlands, forming part of the established Black Country commercial market.
The location benefits from strong road connectivity and convenient access to the wider West Midlands conurbation, Birmingham and the national motorway network.
Exact location details will only be disclosed to verified interested parties following completion of the required confidentiality process.

TENANCY
The property is let in its entirety to an established national occupier on a long-term lease.
The tenancy provides approximately 12 years of unexpired income, with no tenant break options and upward-only open market rent reviews during the term.
Further information regarding the tenant covenant, lease structure, rent review provisions and supporting documentation is available within the confidential investment memorandum.

CONFIDENTIALITY
The property is being marketed on a strictly confidential and off-market basis.
The tenant's identity, exact property address, detailed accommodation information and full tenancy documentation have intentionally been withheld from this advertisement.
Further details, including the investment memorandum, tenancy information and supporting property documentation, will be made available only to verified parties following completion of a non-disclosure agreement and confirmation of purchasing credentials.

ENQUIRIES
For further information, please contact:
Citrus Commercial Circle
Commercial Investment Department
All enquiries will be treated in strict confidence.

IMPORTANT NOTICE
These particulars are intended to provide general guidance only and do not constitute, nor form part of, an offer or contract. All figures and property information are approximate and interested parties must satisfy themselves as to their accuracy through their own enquiries.
All figures are quoted exclusive of VAT where applicable and subject to contract.
Citrus Commercial Circle, Manchester

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Listed building
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Environmental data
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Read more about energy considerations for commercial property

West Bromwich, Sandwell B70

NEAREST STATIONS

London Tram

West Bromwich Central Tram Stop

0.14 miles

London Tram

Lodge Road, West Bromwich Town Hall Tram Stop

0.33 miles

London Tram

Trinity Way Tram Stop

0.44 miles

About Citrus Commercial Circle, Manchester

Citrus Commercial Circle, Manchester

Citrus Commercial Circle offer a unique and unrivalled approach to commercial property leasing, acquisitions and disposals by combining over 60 years of property management and trading experience, an expert and far-reaching team of RICS Chartered Surveyors and Valuers, and a bespoke personal service.

Our specialist property consultants, working closely with our associated chartered surveyors, provide unparalleled expertise across Greater Manchester and the North West region in areas such as:

- Office, Industrial, Land and Retail Agency

- Management

- Property Development and Finance

- Investment

- Valuation

Our working ethos, derived from a true desire to serve our clients’ interests, is to provide comprehensive property services for all. Whether you are an independent property owner, small business or sole trader, high-net-worth individual, well-established limited company or a large-scale PLC, we treat your interests as our own; we rest only once your property opportunities or investments are not only fulfilled, but maximised.

Our client base boasts a range of high-net-worth individuals, overseas investors, property PLCs and limited companies alike – built on our involvement in the purchase and sale of thousands of residential properties and advising on over £500 million worth of commercial acquisitions for major UK companies.

With such an extensive client base, our profound working relationships, associated chartered surveyors, and a multitude of shared ownership property services businesses, we consistently outperform other agents in providing property solutions: no enquiry is left unresolved, no opportunity is squandered, and value is added in every transaction.

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Disclaimer - Property reference westmidlands. 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 Citrus Commercial Circle, Manchester. 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.