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Self Contained Office Suite With Parking, Unit E Silver End Business Park, Brettle Lane, Brierley Hill, DY5 3LG

1,990 Sq Ft / Offices

For Sale - £300,000.00

Available - Last updated: 14 June 2021

Set within an attractive self-contained secure courtyard development of business and office units, the property provides accommodation set over 3 floors.

Being of brick construction, the offices benefit from UPVC double glazing, perimeter trunking, electric heating and fluorescent lighting.

Accessed via the main entrance door, the ground floor comprises an open plan reception and waiting area, kitchenette, store room and wc with shower.

The first floor accommodation consists of 3 private offices, ladies and gents wc’s and stairs leading to the second floor which is an open plan office area with kitchenette and a small balcony area.

Location

The property is situated on Silver End Business Park which is located just off the A461 Brettle Lane in Brierley Hill. Brettle Lane leads into Church Street, Venture Way and Level Street which in turn gives direct access into the Merry Hill Shopping Centre. Junctions 2 and 3 of the M5 Motorway are both approximately 7 miles distance which provides access to both the local and national motorway networks.

Accommodation

Net internal area approximately

Ground Floor - 409 sq ft  (38 sq m)

First Floor - 702 sq ft  (65 sq m)

Second Floor - 879 sq ft  (82 sq m)

Total - 1,990 sq ft  (185 sq m)

OUTSIDE - There are approximately 8-10 allocated parking spaces available, situated around the building.

The premises is set within a secure gated entry/exit system.

Terms

SERVICES - We are advised that mains electricity, water and drainage are connected or available however, interested parties are advised to check this position with their advisors/contractors.

TENURE - We are advised that the property is long-leasehold with the remainder of a 999 year lease from 2012 (990 years remaining) with a pepper-corn ground rent.

PURCHASE PRICE - £300,000 subject to contract

PLANNING - Interested parties are advised to make their own enquiries with Dudley Metropolitan Borough Council.

VAT - All figure quoted do not include VAT which may be payable at the current prevailing rate.

RATES - We are advised by Valuation Office website that the current assessment is as follows:-

Rateable Value £5,800

Rates Payable £2,850.70 (2020/21)

However, interested parties should enquire to the Local Authority to confirm the current liability.

EPC - An EPC has been commissioned and will be available shortly.

INVESTMENT - The office is currently tenanted at an annual rental of £25,000 per annum exclusive based on a 5 year lease which expires in 2024, with a service charge of £3,300 per annum exclusive.

WEBSITE - Aerial photography and further information is available at bulleys.co.uk/silverendbp

LEGAL COSTS - Each party to be responsible for their own legal expenses incurred.

Specification

  • 990 years remaining on long leasehold basis.
  • Quality self-contained office
  • Onsite car parking
  • Good access to Merryhill Shopping Centre

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £300,000.00 NA

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Contact agents

Agency Team Oldbury

Bulleys Chartered Surveyors

0121 369 1585



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