Industrial

Units 10-13 Coleshill Industrial Estate, Roman Way, Birmingham 

 

Price: £3,400,000 - Initial Yield:5.36%

Date: Q3 2017

Acting on behalf of LSH Investment Management we advised on the purchase of this industrial investment for £3.4m, reflecting a net initial yield of 5.36% and reversionary yield of 7.07%.

The property comprises a terrace of 4 industrial units constructed in the early 1980s totalling 41,041 sq ft. The property is multi-let to 4 tenants providing a current rental income of £194,135 per annum (£4.61 per sq ft overall). The AWULT to expiry is 7.38 and to break is 4.61.

Contact

Julian Gallagher

Tel: 020 7493 3330
Mob: 07941 413 299
jgallagher@lewisellis.co.uk


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