Property overview

Sterling Park, Pedmore Road, Brierley Hill DY5 1TB

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£3,500,000
Dec 2021

AP Investment is pleased to have advised Ellandi on the sale of Sterling Park, a multi let industrial estate on Pedmore Road, Brierley Hill.

 

The 41,400 sqft fully let estate comprised 8 units in two terraces. The estate had a combined passing rent of just under £190,000 per annum.

 

The property sold for £3,500,000 to Chancerygate, reflecting a net initial yield of 5%.

 

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St Pauls Office Investments Retail & Retail Warehousing investments