Office Investment – Unit 4 Newlands Court, Burntwood Business Park, Burntwood WS7 3GF October 2023Download
- Modern high specification 936 sq m (10,070 sq ft) office building
- Let to Oliver Grace Ltd
- Located on Burntwood Business Park less than 1 mile from the M6 Toll
- 10 year lease from 18th July 2022 (Tenant break at the end of the 5th year)
- Rent £115,805 per annum (£11.50 per sq ft)
We are instructed to seek offers of £1,150,000 (One Million One Hundred and Fifty Thousand Pounds), which reflects a net initial yield of 9.51% after purchaser’s costs at 5.89%.