Summary - UNIT K,KEY INDUSTRIAL PARK,FERNSIDE ROAD,WOLVERHAMPTON,WV13 3YA WV13 3YA
1 bed 1 bath Commercial Property
**Key Features:**
- **Size:** Substantial 7,308 sq. ft. commercial property with high ceilings.
- **Location:** Situated in Key Industrial Park, near major road links and the city centre.
- **Parking:** Off-street parking available for multiple vehicles.
- **Condition:** Modern warehouse with gas heating and good space for logistics.
- **Rental Potential:** Currently let at £40,000 per annum with a lease expiring in 2027 (tenant break option available after 3 years).
- **Future Renovation Potential:** Offers flexibility for adaptations or expansions.
This impressive commercial warehouse offers an expansive ground and mezzanine area, perfect for logistics or trade counter operations in the growing industrial hub of Wednesfield. With high ceilings reaching up to 29 feet, the space is designed for efficiency, featuring a loading dock and multiple offices to enhance functionality. The property has a considerable rental yield and a long-standing tenant, presenting an excellent investment opportunity. However, prospective buyers should note that there are only three years remaining on the lease, which may hinder mortgage availability.
Ideal for businesses looking to establish a significant workspace or investors seeking properties in areas with high demand, this property exemplifies potential and convenience. With easy access to Wolverhampton city centre and transportation networks, it’s a prime site within a bustling community. Make this sizeable asset yours and explore both its current functionality and future growth possibilities!
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