The property is located in Wednesbury which is a town situated within the Black Country area between Wolverhampton, approximately 6 miles to the west and Birmingham, approximately 11 miles to the east. Walsall Town Centre is approximately 4 miles to the north and West Bromwich is approximately 3.5 miles to the south.
The A41 Black Country New Road lies approximately 0.3 mile to the west offering dual carriageway access to Junction 1 of the M5 motorway (5 miles) and Junction 10 of the M6 (4 miles). Junction 9 of the M6 lies approximately 2 miles to the north. Wednesbury’s Great Western Street Midland Metro Station lies approximately 100 meters to the west, offering services between Birmingham’s Snow Hill and Wolverhampton stations.
The property is a self contained industrial premises consisting of three main industrial bays, adjoining offices, and loading yard.
The industrial bays are of steel portal frame construction with profile insulated metal sheet cladding to the elevations including roof covering. The office block is of brick construction under a flat felt roof. The floors within the building are concrete slab.
Internally the property is accessed through the main reception within the office block. There are a number of small private offices and a larger conference room. This area also accommodates a small kitchen with fitted units. A gas fired central heating system provides heating via wall mounted radiators.
There are three interconnecting bays (third bay having being newly constructed in 2014) which are accessed behind the offices and via a ground level access roller shutter door through the concrete surfaced loading yard area. Eaves heights is approximately 4.4m.
There is car parking space for approximately 10x vehicles on a concrete surfaced area fronting Perry Street.
Warehouse - 21,109 sq ft (1,961.07 sq m)
Office - 1,301 sq ft (120.90 sq m)
Total GIA: 22,410 sq ft (2,081.97 sq m)
Mains metered 3-phase electricity, gas, drainage, and water are connected to the property.
The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.
A new FRI type lease to be offered for a term of a years to be agreed incorporating upward only rent reviews.
Exclusive of VAT, building insurance, business rates, water rates and all other outgoings.
The landlord will insure the building, with the premium to be reimbursed by the tenant.
Available from September or possibly earlier subject to agreement with the existing tenant.
Each party will be responsible for their own legal costs incurred in the transaction.
2017 Rateable Value: £41,000
We are advised that the property is not opted for tax, therefore VAT will not be payable as an addition.