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Industrial/Warehouse Premises to Let (May Sell), Units 10-11 Oldbury Road Industrial Estate, Oldbury Road, West Bromwich, B70 9DD

46,030 Sq Ft / Industrial / General Industrial

Sold - Last updated: 03 March 2017

Benefiting from a substantial loading yard and parking area, the single-storey warehouse building is approached from four electrically operated roller shutter doors and comprises a steel portal framed unit in four bays, with brick and lined corrugated asbestos cladding and incorporating translucent roof panels.

The property has a concrete floor, eaves height of 7.6m (24’11”), rising to 9.8m (32’2”) at the Apex, and is fitted with three 5-ton overhead travelling cranes (not tested). The warehouse has strip fluorescent lighting, oil-fired heating and a weighbridge facility.

To the side of the unit there is an office and amenity area with double-glazed windows and external security shutters. The offices have false ceilings in part, plastered and painted walls, strip fluorescent lighting and an oil-fired radiator heating system.

Location

The site and premises form part of the Dudley/Sandwell Business Park network and are located at the front of the Oldbury Road Industrial Estate at Oldbury Road, close to where it meets West Bromwich Street. Within about ¾ mile of Sandwell and Dudley railway station, one mile from West Bromwich town centre, and only about ½ mile from Oldbury Ringway (A4034), which has direct access to the M5 Motorway at Junction 2, being about 1½ miles distant. The M5 Motorway Junction 1 is a similar distance, via Kelvin Way (A4182) and then Kendrick Way (A4252).

West Bromwich is at the heart of the Black Country, about 6 miles to the northwest of Birmingham, and 4 miles east of Dudley. Birmingham and Wolverhampton city centres are both conveniently located via the New Road (A4123).

Accommodation

Single Storey Warehouse - 42,040 sq ft (3,907 sq m)

Single Storey Offices - 3,990 sq ft (371 sq m)

Total - 46,030 sq ft  (4,278 sq m)

Terms

RENTAL - £150,000 per annum exclusive

All rentals are quoted exclusive of VAT, building insurance, business rates, water rates and all other outgoings.

LEASE TERMS - The premises will be available under a new full repairing and insuring lease for a term to be agreed and incorporating upward only rent reviews as appropriate.

FREEHOLD - Alternatively, a freehold sale may be considered. Offers are invited for the interest.

BUSINESS RATES - Rateable Value - £117,000 Rates Payable - £57,681 (2015/16 – XXX in the £)

Specification

  • CONCRETE LOADING & PARKING AREA
  • EXCELLENT HEADROOM – EAVES HEIGHT 7.6M (24’11”)
  • OVERHEAD TRAVELLING CRANES
  • WELL LOCATED FOR ACCESS TO MOTORWAY NETWORK


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