Log In/Sign Up
Your email has been sent.
Former L A Elwell Ltd Cable St 52,696 SF Industrial Building Wolverhampton WV2 2HX $3,892,157 ($73.86/SF) 8% Cap Rate
Executive Summary
An excellent opportunity to acquire a substantial, high-yielding industrial investment in Wolverhampton, let to established occupiers with long income profiles.
Main Tenant:
Steelstock Services (Midlands) Limited
Rent: £200,000 per annum, rising to £220,000 per annum from 16th January 2026
Lease Term: 1st January 2025 – 14th January 2035
Break Option: 17th June 2030
Inside the Landlord & Tenant Act 1954
Additional Income:
Vodafone Limited (Telecoms Mast)
Rent: £5,250 per annum
Lease Term: 17th May 2012 – 16th May 2027
Total Passing / Reversionary Income:
Current: £205,250 per annum
From January 2026: £225,250 per annum
Sale Price: £2,815,625
Main Tenant:
Steelstock Services (Midlands) Limited
Rent: £200,000 per annum, rising to £220,000 per annum from 16th January 2026
Lease Term: 1st January 2025 – 14th January 2035
Break Option: 17th June 2030
Inside the Landlord & Tenant Act 1954
Additional Income:
Vodafone Limited (Telecoms Mast)
Rent: £5,250 per annum
Lease Term: 17th May 2012 – 16th May 2027
Total Passing / Reversionary Income:
Current: £205,250 per annum
From January 2026: £225,250 per annum
Sale Price: £2,815,625
Property Facts
Amenities
- Bus Line
- Fenced Lot
- Energy Performance Rating - B
- Automatic Blinds
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
1 1
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Former L A Elwell Ltd | Cable St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.