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Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
Two Trinity Court, Wolverhampton Business Park
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Two Trinity Court, Wolverhampton Business Park, Wolverhampton, WV10 6UH

Investment : For Sale

18,060 (1,678 sq m)

Key Features
  • Well-Let Modern Office Investment
  • Located on Wolverhampton Business Park
  • Grade A Office Building, comprising of 18,060 sq ft over 3 storeys
  • First and Second Floors underwent extensive refurbishment in 2019
  • 8 Person Passenger Lift
  • Access to 70 Car Parking Spaces
Location

Wolverhampton is a thriving regional city situated in the heart of the West Midlands with a catchment population within a 30 minute drive time of 1.73 million. The city is situated 15 miles (24 km) to the northwest of Birmingham and 140 miles (220 km) to the north west of London. Wolverhampton Business Park is situated at Junction 2 of the M54 motorway, approximately 4 miles (6.4 km) to the north of Wolverhampton city centre.

The park benefits from excellent road communications with the M6 and M6 Toll motorways 3 miles (4.8 km) to the east. The M6 and M6 Toll provide onward access to the M5, M42. M1 and M40 motorways and the rest of the national road network. The park provides fully integrated transport links with a bus route running to and from Wolverhampton city centre every 10 minutes. Wolverhampton has its own main line railway station with a frequent direct service to London Euston and a fastest journey time of 1 hour 41 minutes.

The park offers its occupiers excellent facilities including; Nuffield Fitness and Wellbeing Centre, ABC Children’s Nursery, Premier Inn with conference facilities and Beefeater Restaurant. The principal entrance to Wolverhampton Business Park is off the A449 Stafford Road, approximately 250 metres to the south of Junction 2 of the M54 motorway. Trinity Court is located at rear of the business park and comprises 3 buildings, with other occupiers on the scheme including Vistry and Worldline.

Property Description

Two Trinity Court comprises a Grade-A office building constructed in 2008 and comprising 18,060 sq ft (1,678 sq m) over 3 storeys. The building is allocated 70 car parking spaces, providing a parking ratio of 1:258 sq ft with further spaces available on an overflow car park and dedicated car park, also on the scheme.

The property is multi-let to 3 strong corporate tenants including; Handelsbanken plc, Speller Metcalfe Malvern Ltd and Taylor Wimpey UK Ltd with a Weighted Average. Unexpired Lease Term of 2.8 years to breaks and 3.3 years to expiry. Total passing rent of £346,107 per annum, reflecting an average of £19.16 per sq ft.

EPC Rating

Strong environmental credentials with an EPC rating of B 40.

Price
  • We are instructed to seek offers in excess of £3,000,000 (Three Million Pounds), subject to contract and exclusive of VAT. A purchase at this level will reflect a Net Initial Yield of 10.84% after allowing for purchaser’s costs of 6.45%.

Accommodation
sq ft sq m
Speller Metcalfe Malvern Ltd (Ground Floor) 4,075 378.57
Taylor Wimpey UK Ltd (First & Second Floor) 12,050 1,119.48
Handelsbanken Plc (Ground Floor) 1,935 179.76
Total 18,060 1,678
For full details of occupancy costs and plans, please download the property brochure PDF or contact us direct. Call us on: 01902 713333
Download Property Brochure
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