The property is located west of Aldridge town centre, close to M6 Toll, M6 and A5. The property is a detached industrial unit in an established industrial area extending to 20,912 sq.ft. Let for a term of 15 years from 13 June 2012 to Mellish Engineering Services Ltd at a rent of £72,693 per annum (£3.48 per sq.ft). Minimum RPI rental increase at review in June 2022. Offers sought in excess of £950,000 which reflect a net initial yield of 7.25% with a projected reversionary yield at review of 8.19% (assuming 2.5% per annum RPI growth). Low capital value of £45.43 per sq.ft.