Property Company clients have recently completed the acquisition of this industrial / warehouse investment on the busy Coombswood Business Park in Halesowen. The modern property, which extends to 7,162 sq ft or thereabouts, is occupied by Samworth Brothers Ltd on a lease expiring in April 2022 at a current rent of £48,085 pa. The purchase price of £805,000 reflects a net return of 5.7%. FSP acted for the vendor.
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