Springvale Industrial Park
Bilston
Date acquired:
November 2017
November 2017
Location:
Units 1-19 & 21-33 Springvale Industrial Park, Union Street, Bilston, WV14 0QL
Units 1-19 & 21-33 Springvale Industrial Park, Union Street, Bilston, WV14 0QL
Size:
120,124 sq ft / 11,160 sq m
120,124 sq ft / 11,160 sq m
Tenant:
Multi-let, tenants include Ercon Powder Coatings Ltd
Multi-let, tenants include Ercon Powder Coatings Ltd
Opportunity
Part of Project Darby, the corporate acquisition of RVB Investments Ltd which owned 40 assets; 32 warehouses and 8 offices. The portfolio provides numerous opportunities to add significant value through minor and major refurbishments followed by leasing voids, renegotiating existing and expired leases and carrying out unimplemented rent reviews.