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Dudley Rd 11,906 SF Flex Building Brierley Hill DY5 1LX $2,111,001 CAD ($177.31 CAD/SF) 6.25% Cap Rate

INVESTMENT HIGHLIGHTS
- Purpose built unit
- Cloe to Merry Hill Shopping Centre
- 12 miles west of Birmingham city centre
EXECUTIVE SUMMARY
Waterfront Business Park comprises nine detached buildings providing a mixture of industrial and office accommodation. The buildings have their own car parking spaces allocated on the park. The subject unit is a detached industrial building with metal clad elevations, a steel profile roof and high level glazing. Internally there are small offices, public collection area and staff welfare facilities but the majority of the unit is open industrial space.
The building is served by two roller shutter doors which have an external canopy. The yard is fully secured with pallisade fencing and has block paving. The unit has an eaves height of 6.45m and has gas fired warm air blowers and suspended strip lighting. The building has been used by Royal Mail as a local sorting office since 1998. The unit extends to 1,106 sqm (11,906 sqft). There are also 31 demised car spaces to the unit outside of the demised yard area. These are mainly to the front of the unit and generally used by the public for collections from the Royal Mail counter.
The building is served by two roller shutter doors which have an external canopy. The yard is fully secured with pallisade fencing and has block paving. The unit has an eaves height of 6.45m and has gas fired warm air blowers and suspended strip lighting. The building has been used by Royal Mail as a local sorting office since 1998. The unit extends to 1,106 sqm (11,906 sqft). There are also 31 demised car spaces to the unit outside of the demised yard area. These are mainly to the front of the unit and generally used by the public for collections from the Royal Mail counter.
PROPERTY FACTS
| Price | $2,111,001 CAD | Lot Size | 0.28 AC |
| Price Per SF | $177.31 CAD | Rentable Building Area | 11,906 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.25% | Year Built | 1995 |
| Tenure | Long Leasehold | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.6/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 21’2” (6.45 m) |
| Building Class | C |
| Price | $2,111,001 CAD |
| Price Per SF | $177.31 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Tenure | Long Leasehold |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.28 AC |
| Rentable Building Area | 11,906 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Tenancy | Single |
| Parking Ratio | 2.6/1,000 SF |
| Clear Ceiling Height | 21’2” (6.45 m) |
AMENITIES
- Bus Line
- Courtyard
- Fenced Lot
- Security System
- Signage
- Storage Space
- Smoke Detector
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Dudley Rd
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