Following the successful disposals of two industrial instructions earlier in November, the investment sale of Unit B4 Kings Court, Vigo Place in Aldridge has also completed within the same month.

The premises comprises a detached warehouse/workshop situated within a self contained yard which benefits from secure gated access and perimeter fencing. The main warehouse extends to approximately 4,500 sq ft together with the use of a storage building within the yard providing an additional 3,150 sq ft of accommodation.

The property was sold as a freehold investment and was subject to an occupational lease with a passing rent of £36,000 per annum exclusive. A sale price was agreed close to the asking price of £650,000.

Ben Nicholson, Senior Associate Director at Burley Browne, comments “Aldridge remains one of our most popular local markets, which was again reflected with the number of enquiries and interest generated for this instruction. November has been another very busy month for the agency team at Burley Browne with little to no sign of any slowdown into the year end.”