In October 2021 Clay Street completed the acquisition of this West Midlands sale and leaseback industrial investment.

• Located in Cannock, Burntwood Business Park is a prime West Midlands manufacturing and distribution location with connections to the M6 and Birmingham City Centre.
• The asset is a detached manufacturing facility totalling c.109,012 sq ft GIA with ancillary offices.
• The site extends to c.5.86 acres providing a site coverage of 43%
• The property will be let to Maier UK ltd on a 15-year lease with a break option in year 10.
• The passing rent will be £626,819 pa, reflecting £5.75 per sq ft.
• The lease will be subject to RPI linked rent reviews in years 5 and 10 with a collar and cap of 2% and 4% per annum compounded.
• Freehold.

The asset was acquired on behalf of Citivale backed by Investcrop. Savills acted on behalf of the vendor Maier UK ltd.