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Springvale Ave 80,458 SF Industrial Building Bilston WV14 0QL For Sale
Executive Summary
Let on a FR&I lease to Hill & Smith Infrastructure Limited and guaranteed by Hill & Smith PLC until 26 November 2038 (12 years term certain) at a current rent passing of £525,000 per annum, equating to a low £6.51 per sq ft. The lease benefits from Five yearly open market rent reviews. The next rent reviews are 27th Nov 2028 and 27th Nov 2033.
Property Facts
| Sale Type | Investment | No. Stories | 2 |
| Tenure | Freehold | Year Built | 1998 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.77/1,000 SF |
| Building Class | B | Clear Ceiling Height | 26’2” (7.98 m) |
| Lot Size | 11.23 AC | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 80,458 SF |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 11.23 AC |
| Rentable Building Area | 80,458 SF |
| No. Stories | 2 |
| Year Built | 1998 |
| Tenancy | Single |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 26’2” (7.98 m) |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Fenced Lot
- Security System
- Signage
- Skylights
- Yard
- Energy Performance Rating - D
- Reception
- Automatic Blinds
- Storage Space
- Monument Signage
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