Unit 1, Stringes Close, Willenhall, WV13 1NZ
Franck Steier Price has recently completed the sale of a single let industrial investment on behalf of Dunedin.
The property was located in an established industrial area on Stringes Close, Willenhall.
The 1970s semi detached industrial unit with ancillary offices extended to 18,765 sqft on a site of 0.81 acres.
The property was let to Gamestec Leisure Ltd until 9 July 2017 The rent was £64,300 – £3.43 per sqft.
The property was sold to a private property company for £650,000 which reflected a yield of 9.4% and a capital value of £34.64 per sqft.