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Pendeford House, Pendeford, Wolverhampton

The subject property is located on the Pendeford Business Park. The Pendeford Business Park is located off the Wobaston Road, to the northern part of the city off Junction 2 of the M54. Pendeford Business Park was constructed in the 1980’s and the subject property dates from approximately 1990/1991.The property consists of a two storey office block. Major occupiers in Wolverhampton include Birmingham Midshires, BT, Lloyds TSB and the Secretary of State for the Environment.

Date Purchased:   December 2009
Tenure:   Long Leasehold
Tenants:   Carillion Capital Projects Limited
Total Current Rent:   £131,000 per annum
Lease Expiries:   2015