Industrial Unit For Sale, Rowley Regis
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POA
SOLD - Droicon Trading Estate, Rowley Regis, B65 9BY
Type
Industrial Unit
Status
Sold
Size
36,164 sq ft
Key Features
- Located at the heart of the West Midlands, 2 miles from Junction 2 of M5
- 13 industrial units totalling 36,164 sq ft with units range from 789 sq ft – 4,087 sq ft
- Let to 12 tenants providing good spread of income with WAULT of c3.2 years to expiry
- Low average rent of £4.83 psf
- Passing rent of £174,656 per annum with potential reversion £258,001 per annum
- Offers in excess of £2,347,000
- NIY 7.0% • Reversion 10.34%. Low Capital Value of £64.90 psf
Property Details
Brochure
Location
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