An ideal warehousing unit currently set up as a distribution hub which features; ground floor offices set up as a call centre customer service and sales with further meeting rooms on the ground floor, ground floor kitchens, staff kitchen and staff toilets, a retail outlet shop for the warehouse, a further set of toilets for the warehouse staff, open plan ground floor warehousing with roller shutter access with a ridge height of 7.66 m and eaves height of 4.92 m. There is a further mezzanine which runs in two parts. The first part is 2,724 sq ft (253.18 sq m) which is located above the offices, then there is a further mezzanine area of 7,36 sq ft (684.96 sq m) which is currently used to store products and is accessed via fork lift unloading area with safety rails. The unit in its current format would ideally suit a distribution company that could make use of the mezzanine at first floor level although the landlord would consider removing some or all of the mezzanine to create a more traditional workshop/warehouse unit with full height to the eaves and ridge.
Location
The property is located just 4 miles from the M42 at junction 2. Directions to the site are as follows:- as you leave Redditch on the Birmingham Road the A441, take a right hand turning on to the B4101 Dagnell End Road. Drive along this road until you come to a left hand turning which will be signposted Lower Park Fishery, turn left through the gates and head on up the drive past the fishery on the left hand side all the way to main industrial park. Parking is available outside each unit and allocated on a lease by lease basis.
Accommodation
Floor Area - Gross Internal Area (GIA) is 21931 sq ft (2037.46 sq m).
Terms
Price - £XXX per annum.
Tenure - New lease available.
Service Charge - £XXX pence per sq ft per annum payable.
Rateable Value - The rating assessment currently covers all units on the site. Each unit will need the valuation office to visit and give a separate rateable value source: www.voa.gov.uk.
Rates Payable - The rates payable are calculated as a multiplier of the rateable value. Any interested applicants should contact the local authority and verify the multiplier and check if any rates relief is available for their business.
Insurance - Standard commercial terms are that the landlord insures the building and the tenant pays the landlord the cost of this. The current annual cost at the time of print is 1,716. The tenant will be responsible for insuring their own stock, content and liabilities insurance.
Legal Costs - Each party pays their own legal costs. The landlord may request a holding deposit of £XXX once terms are agreed.
VAT - Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
EPC - The Energy Performance Rating of the property is = D. A full copy of this report is available from the agent’s office upon request.
Specification
- 21,931 sq ft (2037.46 m2)
- 4 Miles from M42
- Ideal Distribution Centre
- First floor mezzanine
- Rent £XXX pa + VAT