NEW INSTRUCTION PROMINENT & WELL LOCATED LIGHT INDUSTRIAL INVESTMENT OPPORTUNITY

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FOR SALE - FREEHOLD INDUSTRIAL INVESTMENT UNIT LOCATED ON A REFURBISHED POPULAR ESTATE. THE
UNIT IS LET ON NEW 10 YEAR FULL TENANT REPAIRING LEASE WITH RENT REVIEWED TO THE GREATER OF RPI
OR MARKET RENT.
Unit 14 St. Anne’s Industrial Estate, St Annes Rd, Willenhall, WV13 1SA
PRICE - £345,000 | TOTAL RENT - £29,120 p.a. | YIELD – 8.5%

LOCATION
Situated within one mile of Willenhall, St Anne’s Industrial estate is positioned approximately 4.5 miles from Wolverhampton City Centre with Junction 10 of the M6 motorway approximately two miles to the south east via the Black Country Route A454. It offers excellent connectivity to the Midlands motorway network and the locality. The property is located within a well-known industrial
location and boasts a variety of occupiers as well as offering versatility in unit size. Willenhall’s heritage was forged in lock and key manufacturing which feature prominently on the town’s Coat of Arms. This history is honoured at the museum, known as the Locksmith’s House. In more recent times the town has become the headquarters for Poundland. At the 2011 census the town’s
population was estimated at 28,480.

DESCRIPTION
The whole estate contains 15 commercial units of varying sizes, ranging from 1,100 up to 3,500 sq. ft., as well as prOviding an External yard extending to approximately 0.43 acres (0.173 hectares). The units are of mixed construction but in the most part are steel portal framed with either asbestos sheet or profile roof panelling. All units are accessed via roller shutter doors
and benefit from all mains utilities and independent W/C facilities. The site has a prominent access from St. Anne’s Road and features a good ratio of on-site parking. Unit 14 provides approximately 3457 sq ft (321 sq m) of accommodation.