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INCOME PRODUCING INVESTMENT AT A YIELD OF 9.07%. FRI Lease

For sale: £215,000.00|Industrial, General Industrial, Light Industrial, Storage

PROPERTY DETAILS

FOR SALE£215,000.00
ADDRESSUnits 23 & 24 Premier Industrial Estate, Leys Road, Brierley Hill, DY5 3UP
TYPEIndustrial, General Industrial, Light Industrial, Storage
TENUREFor Sale Freehold
POSTED ON23rd November 2020

DESCRIPTION

Two adjacent refurbished industrial units on a busy and popular estate let on two new 10 year full tenant repairing leases with rent reviews to the greater of RPI or market rent.
Unit 23 comprises 1,617 sq ft and is let at £12, 220 p.a
Unit 24 comprises 920 sq ft and is let at £7,280 p.a.

LOCATION

Location: Units 23 & 24 Premier Industrial Estate, Leys Road, Brierley Hill, DY5 3UP

Stourbridge Town (2.0 miles)

Lye (2.0 miles)

Cradley Heath (2.2 miles)

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