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Commercial Investment for Auction Birmingham B8
Guide Price:
£750,000
Auction Date:
29/01/2025
Property Types
Guide Price £750,000. The property comprises a freehold industrial estate that comprises ten units (A to K) extending to 2836.58 sq.m (30,533 sq.ft) on a site of approximately 0.442 hectares (1.093 acres). The units are occupied for a variety of uses and include a snooker club, a gym and a bakery as well as more traditional industrial type uses. Nine of the units are occupied and let at a combined monthly rent of £6,700 equivalent to £80,400 per annum, There's scope to increase the rent roll through letting of the vacant units and upon lease renewals.
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