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Industrial for sale

£1,400,000 (£54.35/sq. ft) Offers in region of

Raby Street, Wolverhampton WV2

Industrial for sale 25,760 sq. ft*
Interested in this property? Call +44 1564 648822 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Key Points

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

    Property info

    * Sizes listed are approximations. Please contact the agent to verify actual sizes.

    Arrange Viewing

    For more information about this property, please contact
    Shepherd Commercial, B93 on +44 1564 648822 * (local rate)

    Contact Shepherd Commercial about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Shepherd Commercial, and do not constitute property particulars. Please contact Shepherd Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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