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Unit 1
First Avenue Forge Lane, Minworth
B76 1BA
Industrial
Status - For sale
Tenure - Long Leasehold
Total floor area - 104,558 sq ft
Price - £4.00M
Net initial yield - 9.00%
Well-configured distribution warehouse in established industrial location with excellent access to Birmingham City Centre, the M6, M42 and M6 Toll. Let to the strong covenant of Kuehne + Nagel Ltd with 8.57 years unexpired, the property currently produces £381,000 per annum reflecting a low rent of £3.64 per sq ft.
Agent details
Lambert Smith Hampton
Hugh White
Telephone: 020 7198 2212
Mobile: 07775 708 668
Office: London
hwhite@lsh.co.uk
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Lambert Smith Hampton
Stephen Parry-Jones
Telephone: 020 7198 2233
Mobile: 07771 388 262
Office: London
sparryjones@lsh.co.uk
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