Aston,
Birmingham

Overview

Icon for Sector

Sector

Long Income
Icon for Purchase Price

Purchase Price

£5.3m
Icon for NIY

NIY

4.7%
Icon for Strategy

Strategy

Fiera Real Estate
Long Income Strategy
The property occupies a prime site in the resilient and favoured logistics sector, benefitting from long duration income, low tenant counterparty risk and inflation-linked 5 yearly rent reviews
Image of Rupert Sheldon
Rupert Sheldon
Head of Product Development & Co-Head of Transactions

Features

  • 66,099 sq ft industrial warehouse
  • Let to West Midlands Travel Limited
  • 24 years remaining on the lease (to break)

Purchase Rationale

  • Long duration income
  • Low tenant counterparty risk
  • 5 yearly rent reviews

ESG

  • Rooftop PV System
  • LED lighting throughout
  • Motion sensor lighting controls
  • Operational energy, water and waste data has been collected on site for the past 3 year

Location

  • 80 Park Road, Aston, Birmingham B6 5PL

All Assets

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