Aston Portfolio, Birmingham, B6 7LG

• An exciting opportunity to acquire five prominent multi-let industrial estates situated within close proximity to Birmingham City Centre.• The properties are conveniently located within 1/2 mile of each other, providing for ease of management.• Available individually or as a portfolio.• Aston is a well established industrial district, immediately adjacent to Junction 6 of the M6.• The estates extend in total to 6,496 sq m (69,923 sq ft) in 25 units.• Total current rental income is £302,259 per annum across the portfolio.• Upon letting all vacant accommodation the income across the portfolio will increase to £367,818 per annum.• There are currently 6 units vacant, each in good condition and ready for immediate occupation.• We are instructed to seek offers in the region of £2,545,000 exclusive of VAT for our clients freehold and long leasehold interests in the portfolio. A purchase at this level would reflect a net initial yield of 11.23% and a reversionary yield of 13.66% upon letting the vacant units.• The overall capital value per sq ft is only £36.40.

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