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Warehouse with Offices & Secure Yard, 1 Queen Street, Walsall, WS2 9NT

4,061 Sq Ft / Industrial / Light Industrial

For Sale - £375,000.00

To Let - £28,000.00 per annum

Available - Last updated: 20 April 2021

The property has been extensively refurbished by the current occupiers. To the front two-storey section are meeting rooms and staff facilities to include a fully fitted kitchen. The first floor comprises open-plan offices which are both heated and air-conditioned. There is a separate rest room area. The windows to the front elevation are UPVC casement windows The main warehouse has a maximum eaves height of 18’10” (5.75m) and the benefit of a mezzanine floor over part. The warehouse is heated by a gas blower. To the rear is a selfcontained yard with palisade fencing and secure gated access.

Location

Walsall is a busy West Midlands town located some 8 miles north-west of Birmingham. The town benefits from good access to the national motorway network, lying adjacent to the M6 Motorway (Junctions 8, 9 & 10). The property is situated on Queen Street near to the junction with Bridgeman Street and forms part of the well regarded Premier Business Park. It is located within half a mile of Walsall town centre and one mile from Junction 10 of the M6 Motorway. Walsall town centre is approximately half a mile away. Nearby occupiers include trade counter and general industrial uses.

Accommodation

Ground Floor
Offices - 568 sq ft
Warehouse - 2,091 sq ft

First Floor
Main Office - 503 sq ft
Rest Area - 75 sq ft

Mezzanine
Storage & Staff Facilities - 547 sq ft
Eaves Storage (reduced height) - 277 sq ft

Total - 4,061 sq ft

Tarmacked fenced & gated yard to rear - 574 sq yds

All areas are approximate

Terms

BUSINESS RATES
The property is assessed for rateable value purposes as follows : Rateable Value £12,250 Business Rates Payable 2020 / 21 - £6,272 (UBR £0.512). It is likely that the occupier may well be able to claim the benefit of Small Business Rate Relief leading to a substantial reduction in actual Business rates payable. Interested parties should make enquiries of Walsall MBC – telephone 01922 650000

PLANNING
The premises are in established use as warehouse and offices and therefore fall within classes B1 / B2 of the Commercial Property Use Classes Order. We advise interested parties to make their own enquiries with the relevant authorities.

TERMS
Freehold Offers invited in the region of £375,000 for the freehold interest. Leasehold – The property is available on a full repairing and insuring lease for a flexible term subject to upward only rent reviews at 3 yearly intervals.
Rental offers in the region of £28,000 per annum are invited. The rent will be payable monthly in advance by standing order arrangement. There are no additional service charges to pay to the landlord.

SERVICES
We understand that all main services to include 3 phase electricity are available or connected to the property FIXTURES AND FITTINGS The current occupiers are willing to consider leaving various fixtures and fittings for the benefit of the incoming occupier subject to separate negotiation.

FIXTURES AND FITTINGS
The current occupiers are willing to consider leaving various fixtures and fittings for the benefit of the incoming occupier subject to separate negotiation.

ENERGY PERFORMANCE CERTIFICATE
(EPC) Rating E (120)
Copies of the Energy Performance Certificate are available on request or may be downloaded from the Government website : www.ndepcregister.com

LEGAL COSTS
Each party are to be responsible for their own costs incurred in either the sale of the freehold Freehold interest or in the preparation of lease documentation. VAT All rents, prices and other financial information included in these particulars are quoted net of but may be subject to VAT.

VAT
All rents, prices and other financial information included in these particulars are quoted net of but may be subject to VAT.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £375,000.00 NA
  To Let £28,000.00 per annum

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Contact agents

Richard Tilbrook

Roger Etchells & Co Ltd

01530 590178



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