Industrial property with office accommodation located on the well established Sandwell Business Park. This end of terrace unit is of a steel portal framed construction on a concrete floor with brick and blockwork walls and has profile steel sheet covered roof incorporating translucent light panels. Access is via either a pedestrian door or a manual roller shutter door.
Additionally there is a small office/kitchenette area and male and female toilet facilities. The areas are all lit by strip fluorescent lighting.
SERVICES
Mains Gas, water, drainage and 3 phase electricity supply are all connected to the property.
FLOOR AREA
1,920 sq ft (178 sq m)
RENTAL
£12,500 per annum exclusive.
All rentals etc are quotes exclusive of business rates, water rates, service charges, and all other outgoings, etc. Rental are payable quarterly in advance.
LEASE TERMS
The property is available by way of new FRI type lease for a term of years to be agreed between the parties.
SALE
Alternatively the long leasehold interest may be available, offers are invited.
BUSINESS RATES
2017 Rateable Value - £8,200
Small Business rate relief may apply, subject to status.
SERVICE CHARGE
A service charge will be levied to cover the cost of the upkeep, maintenance and management of the common areas.
POSSESSION
Available February 2020.
Full vacant possession will be offered to a new tenant upon completion of all legal formalities.
VAT
All rentals etc exclude VAT, which may be chargeable as an addition and at the appropriate rate prevailing.
LEGAL COSTS
Each party to pay their own legal costs incurred in a transaction.
ENERGY PERFORMANCE CERTIFICATE
E125
LOCATION
The unit is located within the Sandwell Business Park which is accessed off Spon Lane South and the Oldbury Road (A457).
The premises are well located for the M5 motorway at junction 1, which is approximately 1½ miles distant.
Listed Features
- Outdoor Space
- Steel Framed
- Parking
- WC Facilities
- Office
- Security Shutters
- Natural Light
- Concrete Floor
- Business Park
