Smethwick Industrial Investment Across Eleven Let Units For Sale

Smethwick, West Midlands, UK

Asking Price:: Offers in the region of £1,900,000

Turnover:: Undisclosed

Net Profit:: Undisclosed

Berry’s Business Park offers an industrial investment comprising 11 let warehouse and industrial units on Middlemore Industrial Estate in Smethwick. The long leasehold interest is available at offers in the region of £1,900,000, subject to contract, with reported rental income of £149,500 per annum exclusive.

The estate provides approximately 30,910 sq ft across two terraces arranged around an internal estate road. Steel portal frame units include warehouse space with ancillary offices and WCs, roller shutter loading doors, concrete floors and a minimum eaves height of approximately 3.5 metres.

The established industrial location is just off the A41 Birmingham Road, approximately 1.5 miles from M5 Junction 1 and one mile from The Hawthorns Metro and railway station. On-site parking and internal road access serve the estate.

The headlease is stated to expire on 24 March 2136, with a current ground rent of £1,234.64 per annum. The brochure identifies potential asset management through future lease events and targeted refurbishment, subject to leases, demand and consents. Enquire today to request the tenancy schedule, headlease and investment particulars or arrange a viewing.

Property Information

Property:: Leasehold

Lease Terms:: The long leasehold interest is offered for sale. The agent states an original 150-year term expiring on 24 March 2136 and a current ground rent of £1,234.64 per annum. This is the headlease ground rent, not occupational rent for a single unit. The estate is reported to produce £149,500 per annum exclusive from occupational tenants. Obtain the headlease and tenancy schedule to verify rent reviews, obligations, income and the remaining term.

Leasehold Rent:: £1,235 per annum

Location:

Berry’s Business Park is situated on Middlemore Road within Middlemore Industrial Estate, Smethwick, just off the A41 Birmingham Road.

Junction 1 of the M5 is approximately 1.5 miles to the west. The Hawthorns Metro and Railway Station is approximately one mile away, while Birmingham City Centre is approximately four miles to the east.

The established industrial estate setting and access to the A41 and motorway network are central to the property’s appeal as a multi-let warehouse and industrial investment.

Premises Details:

The property comprises 11 industrial and warehouse units arranged in two terraces, with a total published area of approximately 30,910 sq ft (2,872 sq m). The brochure schedule lists Units 120–130 at approximately 2,810 sq ft each.

The units are of steel portal frame construction beneath pitched roofs. Accommodation generally includes warehouse space, ancillary offices and WCs, with roller shutter loading doors, concrete floors, LED and fluorescent strip lighting and minimum eaves height of approximately 3.5 metres.

An internal estate road and on-site parking serve the property. Mains gas, water and electricity are reported to be connected, but the agent has not tested services.

The estate is marketed as a let investment, with the detailed tenancy schedule available on request. The sale is of the long leasehold interest subject to occupational arrangements; vacant possession of the units is not promised.

Size in square feet:: 30,910 sqft

Business Operation

Expansion Potential:: The brochure identifies potential asset management through future lease events, rental reversion and targeted refurbishment, subject to occupational demand, lease documentation and necessary consents. No rental uplift or additional development is guaranteed.