Frank-Steier Price Ltd. Leading niche commercial property investment practice Logo for Midlands Property Awards 09

May 2018

Unit J, Key Industrial Park, Wednesfield, WV13 3YA

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The property is located in an established industrial and trade counter area 2.5 miles east of Wolverhampton city centre and 4.5 miles from J10 of M6.  The property comprises a modern end terrace industrial unit extending to 11,052 sq.ft.  Let to HPAS t/a Safestyle UK on a new 10 year lease.  Rent £60,967 per annum (£5.49 per sq.ft).  Offers sought in excess of £885,000 per annum which reflects a net initial yield of 6.52%, assuming purchaser’s costs of 5.66%.