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Unit 5 Nightingale Place, Sidestrand, Pendeford Business Park, Wolverhampton, West Midlands, WV9
£195,000
West Midlands, Wolverhampton
Unit 5 Nightingale Place
1259 SqFt
Freehold
UNDER OFFER
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£195,000
Unit 5 Nightingale Place, Sidestrand, Pendeford Business Park, Wolverhampton, West Midlands, WV9
The premises comprise of a modern two storey brick built office with pitched clay tiled roof. The office benefits from an open plan-design, electric heating and 5 designated parking spaces. Mulibrand Services Limited having occupied the premises since 2011 have recently agreed a lease renewal on the property at £15,000 per annum for a term of three years beginning on 1st July 2021 and ending on, and including, 30 June 2024. At an asking price of £195,000 this investment opportunity offers an attractive 7.52% net yield.
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- Property Details
The premises comprise of a modern two storey brick built office with pitched clay tiled roof. The office benefits from an open plan-design, electric heating and 5 designated parking spaces. Mulibrand Services Limited having occupied the premises since 2011 have recently agreed a lease renewal on the property at £15,000 per annum for a term of three years beginning on 1st July 2021 and ending on, and including, 30 June 2024. At an asking price of £195,000 this investment opportunity offers an attractive 7.52% net yield.
- Investment opportunity
- Located in the established Pendeford Business Park
- 7.52% net yield
- VAT is applicable
- Sale Price: £195,000