Updated Oct 29, 2024
Safe Fence Acquires Industrial Property On Sams Lane In West Bromwich For £1.5M
Sams Ln, West Bromwich B70, Uk
$1,500,000
$71/SF
Building Size
21,000 SF
Asset Type
Industrial
Closing
Mar 8, 2020
About this deal
AI
An industrial property located at Sams Lane in West Bromwich has been sold for £1,500,000. The property spans a total area of 21,000 square feet. The transaction took place on 3rd September 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: £1,500,000
- Address: Sams Lane
- Market: West Bromwich
The buyer of the property was Safe Fence. The transaction was facilitated by Tom Morley from Harris Lamb and TBD Real Estate.
The industrial sale at Sams Ln, West Bromwich B70, Uk in Sandwell, England sold for $1.5M in 2020. The building is 21,000 square feet, implying about 71 per square foot on the published price. Named participants on the Sams Ln, West Bromwich B70, Uk sale are Tom Morley. This page is the Sandwell, England file for the Sams Ln, West Bromwich B70, Uk industrial sold: pricing, party profiles, and other closed industrial comps from the same Sandwell sit in the Market section below. Filter that Sandwell industrial set by closing date to see what else sold near Sams Ln, West Bromwich B70, Uk around 2020. Published consideration for Sams Ln, West Bromwich B70, Uk is $1.5M, dated 2020. Cite this Safe Fence Acquires Industrial Property On Sams Lane In West Bromwich For £1.5M sale when underwriting similar industrial product around Sandwell, England.
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Sandwell Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93