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Units 24/31A & 31 Bay C (B), Central Trading Estate, Wolverhampton, WV2 1AL

Offers in Region of
£1,400,000

£54.35 per sq ft

Business rates & charges may apply

SHEPHERD COMMERCIAL, Solihull
SIZE AVAILABLE

25,760 sq ft

2,393 sq m

SECTOR

Light industrial facility for sale

Key features

  • Investment opportunity
  • 3 units totalling 25,760sqft
  • Freehold basis
  • Expected NIY of 8%
  • Vacant possession on all three warehouses

Description

Description
Unit 24 - Comprised of 9,880 sqft, benefiting from an internal partitioned office equipped with W.C and a self contained kitchen. A brick construction with a single pitched steel framed roof, forming an eaves height of 16ft, and roller shutter access of 14ft.
Unit 31A - Comprising of 8,280 sqft, the unit is formed of brick construction along with green tinted plastisol cladding on the frontage. The roofing is steel framed with pitched sheeting. The eaves height is 22ft.
Unit 31 Bay C (B) - Comprised of 7,600 sqft. Same construction as 31A. Same eaves height of 22ft.
The 3 units are located within the vibrant Central Trading Estate, just 1.5 miles south-east of Wolverhampton City Centre. Unit 31A and Unit 31 Bay C (B), are directly next to each other. Junction 10 of the M6 lies 4 miles further east. An estimated 5,000,000 population live within a 45km radius of Central Trading Estate. Birmingham Airport is easily accessible by the motorway in 20 minutes.

The following potential rental figures are stated below:
Unit 24 - £4.5 per square foot across 9,880 sqft (£44,460)
Unit 31A - £4.5 per square foot across 8,280 sqft (£37,260)
Unit 31 Bay C (B) - £4 per square foot across 7,600 sqft (£30,400) Total - £112,120
Giving rise to a yield of circa 8%

More Information
The following potential rental figures are stated below:

Unit 24 - £4.5 per square foot across 9,880 sqft (£44,460)
Unit 31A - £4.5 per square foot across 8,280 sqft (£37,260)
Unit 31 Bay C (B) - £4 per square foot across 7,600 sqft (£30,400)
Total - £112,120

Giving rise to a yield of circa 8%

Brochures

Units 24/31A & 31 Bay C (B), Central Trading Estate, Wolverhampton, WV2 1AL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • The Royal Tram Stop0.5 miles
  • Wolverhampton St George's Tram Stop0.8 miles
  • Wolverhampton Station0.9 miles

About SHEPHERD COMMERCIAL, Solihull

50, St. Johns Close, Knowle, B93 0NN

SHEPHERD COMMERCIAL, Solihull

About us: We are an independent firm of Commercial Property Consultants & Management Agents established in 2005 based in Knowle, Solihull in the West Midlands, specialising in all aspects of commercial property matters. Thriving on the deliverance of first class commercial real estate services, Shepherd Commercial manage commercial assets for a diverse portfolio of clientele We cover the entire Midlands regions, from Birmingham to Coventry and Solihull in between. Our commercial agents and te

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Notes

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Disclaimer - Property reference 199262-1. 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 SHEPHERD COMMERCIAL, Solihull. 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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