LOCATION

The site and premises are located on Mucklow Hill (A458), less than 2 miles from Junction 3 of the M5 Motorway which in turn provides access to both the M42 and M6.

The A458 leads to the A459 Dudley Road which connects to the heart of the Black Country. The nearby A456 north bound provides a direct route into Birmingham city centre, whilst the south bound carriageway leads to the centre of Worcestershire, providing access to Worcester, Kidderminster, and Droitwich.

Halesowen town centre lies approximately one mile distant and provides a number of local amenities.

DESCRIPTION

Occupying a prominent and imposing position on Mucklow Hill the self-contained site is approached via a palisade gated entrance with the building comprising of 3x high bay portal framed warehouse and production areas benefiting from insulated steel profile cladding to the elevations incorporating translucent light panels to the roof.

The eaves height ranges between 7.6 – 9.7m with crane rails installed in all 3x bays. One bay has 2x 20 Tonne overhead travelling cranes installed with another bay having 1x 5 Tonne crane. High bay LED lighting is installed throughout as well as gas fired blower and radiant heaters.

Access is provided by 4x large electrically operated roller shutter doors. Within the warehouse area a high quality mezzanine office has been constructed offering mainly open plan accommodation. Beneath the mezzanine there is a production office, staff canteen room, high quality conference room and works WC’s.

Fronting Mucklow Hill is the main single storey brick built reception office, which provides additional open plan and private office accommodation, WC’s (including disabled), and kitchenette area. LED lighting is installed, double glazed timber windows with internal security shuttering, gas fired central heating and air conditioning systems.

Externally the site has a mixture of tarmacadam and concrete surfaced parking and loading areas, with the rear yard being barrier controlled.

SERVICES

Mains metered 3 phase electricity, gas, water and drainage 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.

FLOOR AREAS

SITE AREA

Approximately 1.8 Acres.

LEASE TERMS

The property is available by means of sub-letting or assignment of the existing lease which expires on the 10th October 2026.

A longer term lease may be available by negotiation with the landlord.

RENTAL

Passing rental is £121,000 per annum exclusive, increasing in October 2020 in accordance with RPI.

All rentals etc are quotes exclusive of business rates, buildings insurance, utilities, VAT and all other outgoings, etc. Rental is payable quarterly in advance.

BUSINESS RATES

2017 Rateable Value: £92,000

The 2020/2021 business rates multiplier is 0.512p in the £, so accordingly rates payable will be £49,664.

BUILDINGS INSURANCE

The landlord insures the property and the tenant reimburses the premium.

POSSESSION

Full vacant possession to be offered to a new tenant upon completion of all legal formalities.

EPC

D100

VAT

All figures are quoted exclusive of VAT.

LEGAL COSTS

Each party to pay for their own legal costs incurred in a transaction.