£345,000

Light industrial for sale

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Under offer

£345,000

(£99.80/sq. ft)

Light industrial for sale

St. Anne's Industrial Estate, Willenhall WV13

3,457 sq. ft

Local area information

Property location

Nearby amenities

  • Barcroft Primary School 0.1 miles
  • St Giles Church of England Primary School 0.3 miles
  • Bloxwich 2.5 miles
  • Walsall 2.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Investment Opportunity: Commercial Unit with Secure Tenancy in St Anne's Industrial Estate

Explore a commercial investment opportunity within St Anne’s Industrial Estate, strategically positioned just one mile from Willenhall and approximately 4.5 miles from Wolverhampton City Centre. With easy access to Junction 10 of the M6 motorway via the Black Country Route A454, this property offers excellent connectivity to the Midlands motorway network, making it an attractive investment prospect.

Steeped in industrial heritage, Willenhall boasts a rich history in lock and key manufacturing, honoured at the Locksmith's House museum. Today, it serves as the headquarters for Poundland, reflecting its ongoing commercial significance. The estate itself hosts a variety of occupiers and provides versatility in unit size, catering to a diverse range of businesses.

Comprising 15 commercial units ranging from 1,100 to 3,500 sq. Ft., along with an external yard extending to approximately 0.43 acres, this property offers ample opportunity for income generation and capital growth. The units feature mixed construction, predominantly steel portal framed with either asbestos sheet or profile roof panelling, ensuring structural integrity and durability. Access is facilitated via roller shutter doors, and all units benefit from mains utilities and independent W/C facilities.

The property enjoys a prominent access point from St. Anne’s Road and offers a favourable ratio of on-site parking, enhancing convenience for tenants and visitors alike. Unit 14, in particular, provides approximately 3,457 sq ft of accommodation, presenting significant potential for rental income.

Held freehold and sold subject to the existing lease, the property is currently let to Mr. D. Henry and Mr. A. Atkar on a new 10-year full tenant repairing lease from 25/07/2022. The lease incorporates rent reviews at each third year of the term, with adjustments based on the greater of rpi or market rent. Additionally, a tenant-only break clause at the fifth year of the term offers flexibility and security for both parties.

A great opportunity to invest in a secure and lucrative commercial property with established tenancy. Contact us today to capitalize on this promising investment prospect in St Annes Industrial Estate.

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Property descriptions and related information displayed on this page are marketing materials provided by - JMD Investments and Estates Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact JMD Investments and Estates Limited for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Willenhall
  5. St. Annes Road

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