Boulton Industrial Centre | Ickneild Street
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Boulton Industrial Centre Ickneild Street
36,500 SF 100% Leased Industrial Building Hockley B18 5AU £2,375,000 (£65/SF) 8.75% Net Initial Yield
Investment Highlights
- Reversionary multi-let industrial investment located in the popular industrial location of Hockley, adjacent to the Birmingham City Ring Road.
- 32 of the units are let at an annual passing rent of £221,099 equating to a low rent of £6.37 per sq ft.
- The estate comprises of 34 units, totalling a gross internal area of 36,500 sq ft.
Property Facts Under Contract
| Price | £2,375,000 | Property Type | Industrial |
| Price Per SF | £65 | Rentable Building Area | 36,500 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 8.75% | Year Built | 1990 |
| Tenure | Freehold |
| Price | £2,375,000 |
| Price Per SF | £65 |
| Sale Type | Investment |
| Net Initial Yield | 8.75% |
| Tenure | Freehold |
| Property Type | Industrial |
| Rentable Building Area | 36,500 SF |
| Number of Floors | 1 |
| Year Built | 1990 |
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Boulton Industrial Centre | Ickneild Street
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