Plumbob House, Valepits Road, Garretts Green, Birmingham, B33 0TD
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£1,700,000
Dec 2014
Franck Steier Price has recently completed the acquisition of a high yielding industrial investment on behalf of M7 REIP.
The property was located in an established industrial area on Valepits Road.
The 1970/80’s detached industrial unit with ancillary offices extended to 59,479 sqft on a site of 2.89 acres.
The property was let to Thomas Plant (Birmingham ) Ltd until 31 March 2020 with a tenant rolling break from 30 June 2018. The lease has a Schedule of Condition. The rent is £235,000 – £3.95 per sqft.
The vendor was represented by PNF Surveyors.
