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Unit B2, OYO Business Units, 187 Park Lane, Castle Vale, Birmingham, B35 6AN
1,201 Sq Ft / Industrial / General Industrial
Let - Last updated: 03 October 2016
High quality shell industrial / warehouse unit with 8.2 loading yard and 3 car parking spaces.
The minimum clear height is 5m to underside of haunch
Location
The site is located in Castle Vale on the north eastern outskirts of Birmingham within the well established Minworth Industrial area. The development is situated on Park Lane, between the Castle Vale Enterprise Park to the east and the Betterware UK Headquarters and distribution facility to the west. Junction 5 of the M6 is 1 mile to the south, Junction 1 of the M6 Toll Road and Junction 9 of the M42 are 4 miles to the east. Birmingham city centre is 7 miles to the south west and Birmingham International Airport is 10 miles to the south.
Terms
Leasehold: 3 or 5 year FRI lease outside the provisions of Sections 24-28 of the Landlord & Tenant Act 1954 Part II, as amended, at a rent of £XXX pax (+VAT) or on a stepped rent basis of £XXX in year one, £XXX in year two and £XXX in year three onwards. Rent is exclusive of VAT, business rates, estate service charge and insurance. Longer or shorter terms available on terms to be agreed.
A rent deposit will most probably be required subject to a financial covenant test.
Freehold: £XXX (+VAT). An option to purchase the freehold during the term of the lease is available on terms to be agreed.
Specification
- 'Shell' industrial/warehouse unit, with fitted accessible WC
- min 5m clear internal height to underside of haunch to front of unit (higher at rear)
- 20kN per sq m reinforced concrete warehouse floor
- 3.7m high x 3.15m wide electrically operated sectional overhead loading door
- 8.2m yard depth
- 3 car parking spaces
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