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Locarno Rd
Tipton DY4 9SJ
U4 5 6 & 8 Alexandra Industrial Estate · Industrial Property For Sale
·
10,318 SF Total
Investment Highlights
- Rare opportunity to acquire freehold investment premises
- 4 industrial units of varying size
- Good road links with Junction 2 M5 Motorway
- Fully let with a total rental income of £98,400 per annum
- Well situated within established industrial estate
- All enquiries
Executive Summary
The subject property offers a rare opportunity to acquire industrial investment premises in the well established Alexandra Estate off Locarno Road in Tipton. The opportunity consists of 4 self contained industrial premises of varying size offering on site parking. The site is within easy access of the M5 Motorway and wider West Midlands region.
The property is available on the basis of a freehold sale subject to the occupational tenancies.
The property is available on the basis of a freehold sale subject to the occupational tenancies.
Property Facts
| Price / SF | $303.93 CAD / SF | Status | Active |
| Sale Condition | Bulk/Portfolio Sale | Number of Properties | 4 |
| Cap Rate | 5.79% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 10,318 SF |
| Price / SF | $303.93 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.79% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 10,318 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| Locarno Rd, Ground - Unit 8, Tipton DY4 9SJ | Industrial Condo | 6,179 SF | 1990 | - |
| Locarno Rd, Ground - Unit 4, Tipton DY4 9SJ | Industrial Condo | 1,528 SF | 1990 | - |
| Locarno Rd, Ground - Unit 5, Tipton DY4 9SJ | Industrial Condo | 1,312 SF | 1990 | - |
| Locarno Rd, Ground - Unit 6, Tipton DY4 9SJ | Industrial Condo | 1,299 SF | 1990 | - |
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