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Industrial Investment Opportunity, Fountain Lane, Oldbury, B69 3BH

2,910 Sq Mt / Industrial / General Industrial

Available - Last updated: 26 September 2022

The subject property comprises a substantial high bay warehouse of steel portal frame construction, beneath an insulated profile metal clad roof. It is currently tenanted on a 6 year FRI lease with tenant only break clauses every 2 years at a passing rent of £187,920 plus VAT per annum.

The warehouse benefits from concrete flooring, two electronically operated roller shutter doors, high bay sodium lighting, large three phase electricity and gas supply and integral offices with WC and Kitchenette facilities. The racking is available with the property or can be removed if required.

The minimum eaves height is 8.5m rising to 12m in the apex. Externally, the property benefits from forecourt car parking and unrestricted on-street car parking.

Location

The property is predominantly situated fronting Fountain Lane close to its junction with Bromford Road in Oldbury. Public transport links are excellent with the property being sited adjacent to Sandwell and Dudley Railway Station and regular bus services within close proximity. Access to the Midlands motorway network can be gained via either Junctions 1 or 2 of the M5 Motorway with both approximately 1.5 miles distant.

Accommodation

Total area = 31,322 sq ft

Terms

Rates Business rates information is available from the agent upon request.

Terms We are instructed to seek offers for this unit on a Freehold Basis with the price available on application.

Specification

• FREEHOLD INVESTMENT OPPORTUNITY
• PASSING RENT OF £187,920 PLUS VAT PER ANNUM
• TOTAL GIA - 31,322 SQ FT

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
POA For Sale Freehold NA NA

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Contact agents

Harvey Pearson

Hexagon Commercial Property

01384 660498



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