Industrial for sale

West Bromwich, West Midlands B70

Citrus Commercial Circle is pleased to offer a confidential opportunity to acquire a modern trade counter and industrial warehouse investment situated within an established commercial location in the West Bromwich / Black Country area of the West Midlands.

The property occupies a prominent and highly accessible position with excellent connections to the regional and national motorway network.

The investment is fully let to a well-established national trade operator, providing secure long-term income backed by a strong corporate covenant.
Investment highlights

• Freehold industrial and trade counter investment
• Established West Bromwich / Black Country commercial location
• Excellent access to the West Midlands motorway network
• Fully let to a major national occupier
• Current annual rent in excess of £110,000
• Approximately 12 years remaining on the lease
• No tenant break options
• Upward-only open market rent reviews
• Full repairing and insuring lease structure
• Potential for future rental growth
• Guide price in excess of £1.5 million
• Net initial yield of approximately 7%
Location

The property is situated within the West Bromwich area of the West Midlands, forming part of the established Black Country commercial market.
The location benefits from strong road connectivity and convenient access to the wider West Midlands conurbation, Birmingham and the national motorway network.
Exact location details will only be disclosed to verified interested parties following completion of the required confidentiality process.
Tenancy

The property is let in its entirety to an established national occupier on a long-term lease.
The tenancy provides approximately 12 years of unexpired income, with no tenant break options and upward-only open market rent reviews during the term.
Further information regarding the tenant covenant, lease structure, rent review provisions and supporting documentation is available within the confidential investment memorandum.
Confidentiality

The property is being marketed on a strictly confidential and off-market basis.
The tenant's identity, exact property address, detailed accommodation information and full tenancy documentation have intentionally been withheld from this advertisement.
Further details, including the investment memorandum, tenancy information and supporting property documentation, will be made available only to verified parties following completion of a non-disclosure agreement and confirmation of purchasing credentials.
Enquiries

For further information, please contact:
Citrus Commercial Circle
Commercial Investment Department
All enquiries will be treated in strict confidence.
Important notice

These particulars are intended to provide general guidance only and do not constitute, nor form part of, an offer or contract. All figures and property information are approximate and interested parties must satisfy themselves as to their accuracy through their own enquiries.
All figures are quoted exclusive of VAT where applicable and subject to contract.