Investors home in on commercial sites going under the hammer at auction

A pair of commercial investment properties are set to prove a tempting target for bidders at the upcoming Bond Wolfe auction later this month.

A mixed-use town centre property and a part-let industrial unit both offer exceptional long-term value for investors.

Unit 45 on the Owen Road Industrial Estate is listed for sale at Bond Wolfe’s livestreamed auction on Thursday 18 May with a guide price of £215,000+.

The ground floor is let to Geds Alloys for a three-year term from 1 September 2022, at a rent of £16,200 a year. The first floor and offices are currently vacant but have an estimated rental value of around £19,800 a year.

Also featuring in the upcoming auction is 82 Stafford Street, in Willenhall town centre. With a guide price of £240,000+ this commercial and residential investment comprises refurbished retail unit and a six-bedroomed HMO (House of Multiple Occupation) together generating net rental income of £30,865 a year.