Multi-let industrial estate, 14 units, West Midlands
- £18m
- Lot size
- 6.4%
- Net initial yield
- Freehold
- Tenure
- 14 · 186,000 sq ft
- Units
- 5.8 years
- WAULT
- ~15% below market rent
- Reversion
Overview
A freehold multi-let light-industrial estate next to the M6, let to 14 occupiers in logistics, trade and light manufacturing.
Investment case
Diverse tenant base, no single tenant above 15% of income.
Rents below market, leaving room for reversion at lease events.
Strong occupier demand along the M6 corridor.
Financials
| Lot size | £18m |
|---|---|
| Net initial yield | 6.4% |
| Tenure | Freehold |
| Units | 14 · 186,000 sq ft |
| WAULT | 5.8 years |
| Reversion | ~15% below market rent |
| Strategy | Value-add income |
Indicative figures from MCG’s analysis. Full model available on request.
Location
Next to the M6 corridor, with fast access to the national motorway network.
Opportunity enquiry
I’m interested in this opportunity
Birmingham
Information is provided for general guidance only and does not constitute financial, legal or tax advice. Figures are indicative and subject to verification. Capital is at risk and property values can fall as well as rise.
