Saltley Business Park
Opus Land, in a joint venture with Europa Capital Partners, has purchased Saltley Business Park in Birmingham from Hermes Real Estate for £58.36 million reflecting a net initial yield of 6.04%.Saltley Business Park comprises a multi-let industrial estate which occupies a key central Birmingham location, strategically positioned within two miles of Birmingham City Centre, adjacent to the A47 Heartlands Spine Road, which links directly to the M6 motorway.Extending to some 47 acres, the park accommodates over 1 million ft² of industrial space in 22 buildings. The units range in age from the early 1900s to the 1990s and the 16 tenants including Anixter, Kuehne & Nagel and The Knight Group, contribute to an annual rent of in excess of £4 million.Opus Land, in a joint venture with Europa Capital Partners, has purchased Saltley Business Park in Birmingham from Hermes Real Estate for £58.36 million reflecting a net initial yield of 6.04%.Saltley Business Park comprises a multi-let industrial estate which occupies a key central Birmingham location, strategically positioned within two miles of Birmingham City Centre, adjacent to the A47 Heartlands Spine Road, which links directly to the M6 motorway.Extending to some 47 acres, the park accommodates over 1 million ft² of industrial space in 22 buildings. The units range in age from the early 1900s to the 1990s and the 16 tenants including Anixter, Kuehne & Nagel and The Knight Group, contribute to an annual rent of in excess of £4 million.
Saltley Business Park is a strategically located employment site situated approximately 2 miles North East of Birmingham City Centre. The estate benefits from exceptional accessibility being located off Heartlands Parkway (A47) which links to Junction 6 of the M6 (Spaghetti Junction) approximately 1.5 miles distant and Junction 5 of the M6 approximately 4 miles distant.