The property comprises a modern high-specification two bay warehouse. The property is of steel frame construction and benefits from part steel and brick profile cladding. The unit benefits from two storey offices to the front, loading facilities on three elevations, two of which offer secure yards.
Internally, the warehouse has a minimum clear eaves height of 10m, and the offices benefit from suspended ceilings, double glazing, male and female WCs, kitchen facilities and raised floors. Externally there is a sizeable concrete surfaced yard area to three elevations of the building which is secured by perimeter fencing with a small security gatehouse.
Location
The property is prominently situated off the A4038 Walsall Road within an established industrial and retail park location. Wednesbury is located at the heart of the Black Country approximately 2 miles south west of Walsall and 10 miles north west of Birmingham. Access to the national motorway network is excellent with Junction 9 of the M6 motorway being 1 mile distant and Junction 1 of the M5 being approximately 4.5 miles to the south.
Accommodation
Warehouse: 94,872 sq ft (8,813 sq m)
Ground floor office/ancillary: 6,427 sq ft (597 sq m)
First floor office/ancillary: 6,470 sq ft (601 sq m)
Plant/storage: 1,302 sq ft (121 sq m)
Total GIA (approx): 109,071 sq ft (10,132 sq m)
Site Area
We are advised that the site extends to approximately 2.75 hectares (6.8 acres), representing a low site cover of approximately 36%.
Terms
VAT
All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate.
Legal Costs
Each party to be responsible for their own legal costs incurred in any transaction.
Business Rates
We have accessed the Valuation Office website and have determined that the property has the following assessment: Description: Factory & Premises 2010 Rateable Value: £402,500 Rates payable 2013/14: £189,XXXa
Terms
The property is held on a lease expiring 23rd October 2016 at a current rent passing of £503,XXXa. The building is available by way of an assignment or sub lease on terms to be agreed. Alternatively, the Landlord has advised that consideration will be given to a sale of the freehold interest. Further details are available upon request.
Planning
We believe the property is suitable for manufacturing and distribution within Use Classes B1(c), B2 and/or B8 of the Town and Country Planning (Use Classes) Order 1987. Interested parties are advised to make their own enquiries to the Local Authority.
Services
It is understood that all mains services are connected to the property.
Specification
- 5 level access doors
- 10m eaves
- Low site cover of 36%