Bond Wolfe Launches Two Venture Court Investment Sale For £2.85 Million
We are excited to present yet another significant investment opportunity with the launch of Two Venture Court on Wolverhampton Business Park.
This prestigious freehold property spans 14,900 sq ft and is accompanied by an impressive 69 parking spaces, offering both size and convenience for tenants and investors alike. Built in 2002, the building stands as a modern, purpose-built office space, fully let to three reputable tenants, providing a robust investment backed by solid rental income.
On the market for £2,850,000, Two Venture Court currently generates an annual rental income of £245,700, making it a compelling proposition for investors seeking steady returns. The property’s attractiveness is further enhanced by a recent lease renewal with long-term tenant Newstead Clark Financial Services, demonstrating the strong demand for commercial space within this development. With an asking price of £2.85 million, potential buyers are looking at a net initial yield of 8.09%, making it a prime option for those seeking healthy returns in the office sector.
James Mattin, Agency Managing Director at Bond Wolfe, highlighted the opportunity, stating: “Two Venture Court represents an excellent, fully let investment opportunity underpinned by three strong covenants. The building’s close proximity to the M54, transport links, and local amenities should appeal to investors, along with its prime position on Wolverhampton Business Park.”
Strategically positioned within Wolverhampton Business Park, Two Venture Court benefits from proximity to key local amenities and well-established businesses. Nearby, the ABC Children’s Nursery provides childcare options, while the business park is home to prominent companies such as Bromford Group, Nuffield Health & Fitness, and the Premier Inn, adding further value to the area’s business ecosystem. Additionally, renowned automotive dealerships such as the Porsche Centre Wolverhampton and Jaguar Land Rover are within easy reach, reflecting the high-profile nature of the surrounding area.
This launch comes on the back of a series of successful deals for Bond Wolfe over the summer, including the sales of The Gym in Derby, Superdrug in Walsall, and Poundland in Nuneaton. These transactions underscore Bond Wolfe’s proven track record of facilitating major property investments, and the introduction of Two Venture Court is expected to attract considerable interest from astute investors.
With its prime location, secure income stream, and strong tenant covenants, Two Venture Court offers an exceptional opportunity for investors looking to expand their portfolios with a stable and high-yielding asset in a thriving business hub.
Further details from [email protected] or view here.