Reversionary multi let trade counter investment opportunity. Located under a mile north of Birmingham city centre, directly to the east of the A38M Aston Expressway and under a mile from Junction 6 of M6. Three trade/industrial units totalling 20,835 sq ft. The property is let to three tenants including include Screwfix & Johnstone’s Decorating Centre. An AWULT of 5.9 years to expiries and 4.4 years to breaks. The leases are on FRI terms, Unit 2 is subject to a Schedule of Condition. The current combined rent is £151,788 per annum which reflects an average of only £7.29 per sq ft. There is a rent review due on the Screwfix unit in March 2025. ERV – £197,890, a 30% increase on the passing rent. We are instructed to seek offers in excess of £2,490,000 (Two Million Four Hundred & Ninety Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this price would reflect a net initial yield of 5.73%, assuming costs of purchase of 6.38%. On a successful conclusion of the Screwfix rent review in 2025 we anticipate the yield to increase to 7.00%. The final reversionary yield, based on our ERV, is 7.47%.