Matalan, Portway Rd, Oldbury B69 2BZ

Oldbury, B69 2BZ

Back to Track Record
Acquired
Matalan, Portway Rd, Oldbury B69 2BZ
Price £2,470,000
Rent (pa) £237,000
Yield 9.02%

Investment Summary

  • High Yielding Midlands Retail Warehouse Investment.
  • Matalan have been in occupation for 28 years.
  • Located in a commercial area close to Oldbury Green Retail Park, Sainsburys superstore and other retail occupiers.
  • Only 0.9 miles from Junction 2 of the M5.
  • Large site of of 1.75 acres
  • Total floor area of 22,050 sq ft GIA, plus storage mezzanine of circa 5,000 sq ft (tenants).
  • EPC of C(54).
  • Let to Matalan Retail Limited until 2nd December 2026 (reversionary lease agreed in 2021)
  • Low passing rent of £237,000 per annum (£10.75 psf).
  • Freehold
Town Oldbury
Postcode B69 2BZ
Get Directions

Interested in this property?

Contact our team for more information or speak directly with Sam Beckett.

Contact Us

Similar Properties