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294 Cherrywood Rd 165,528 SF 100% Leased Industrial Building Birmingham B9 4UU $6,806,000 ($41.12/SF) 8.40% Cap Rate
Investment Highlights
- Property enjoys extensive frontages onto both Cherrywood Road & Burbidge Road
- Excellent communicational links. Junction 6 of the M6 motorway
- Birmingham City Centre is located approximately 2.5 miles north west
Executive Summary
The subject premises provides ground floor, industrial/warehouse accommodation (18 units), including various yard facilities.
Offers in excess of £5,000,000 (five million pounds) are invited for this valuable freehold interest, subject to the current rental income.
Offers in excess of £5,000,000 (five million pounds) are invited for this valuable freehold interest, subject to the current rental income.
Property Facts
| Price | $6,806,000 | Building Class | C |
| Price Per SF | $41.12 | Lot Size | 3.80 AC |
| Sale Type | Investment | Rentable Building Area | 165,528 SF |
| Cap Rate | 8.40% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1984 |
| Property Type | Industrial | Parking Ratio | 0.04/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 5 |
| Price | $6,806,000 |
| Price Per SF | $41.12 |
| Sale Type | Investment |
| Cap Rate | 8.40% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.80 AC |
| Rentable Building Area | 165,528 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Parking Ratio | 0.04/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
Amenities
- Yard
- Automatic Blinds
- Demised WC facilities
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294 Cherrywood Rd
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