Digbeth Industrial Units Let in 3 days
In just 3 days
Shepherd Commercial have placed 67-68 Rea St and 69 Rea St under offer stc. The two units, one 5,000 sqft, the other 2,285sqft have been snapped up by privy businesses in the second city.
67-68 Rea St was placed to let at £22,000 per annum + VAT with 69 Rea St being £13,500 + VAT. The two units sit adjacent to one another and had been previously occupied for 15 years at 69 Rea St.
Shepherd are delighted with the result, and once again show investors, landlords, and prospective tenants that the demand for not only industrial, but industrial within the West Midlands is stronger than ever, and for ample reason. The second city and its surrounding areas are seeing a huge influx of investment and despite national and regional challenges the area continues to flourish.
Rea St had a surge of interest once being uploaded to portals and social media and despite so many missing out on the opportunity, it is now the best time to add yourself to the Shepherd Commercial mailing list. Due to the market being so strong at current, many of our opportunities fall under offer before they are uploaded to sites such as Rightmove or Zoopla.
With our units to let on Bowyer St, Digbeth, and Shepherds presence across Rea St and now Green St. We’re delighted to be playing a pro-active role in facilitating the growth and transformation of Digbeth and Birmingham inner-city as a whole.
Looking at the industrial market as an entire entity across the UK, we’re actively seeing rents increase and demand surge as stock dwindles. Whilst Shepherd Commercial operate across the whole of the West Midlands, we possess a network of clients, individuals and organisations whom are consistently seeking new opportunity. Our acquisitions team can supply commercial consultancy on entering the Midlands market and source premise on behalf of clients.
We strongly urge any landlords, property owners or investors considering disposal of their retail, industrial or office asset to get in touch with us.