Summit Crescent Industrial Estate is located off Roebuck Lane in Smethwick within an established industrial location.
The Estate is within ½ mile of Junction 1 of the M5 motorway providing access to the national motorway network.
The property forms a semi detached industrial/warehouse premises of single span portal framed construction.
The property benefits from single storey offices to the front elevation supplemented by further internally constructed office accommodation plus WC’s and canteen area.
The warehouse has heating and lighting and provides a clear internal height of 3.05m and an eaves height of 4.14m.
Externally there is forecourt parking available.
It is understood that all main services are available and connected to the property. Interested parties should verify this for themselves.
The premises have been measured on a gross internal basis and provide the following approximate floor areas:
Office accommodation - 987 sq ft (92 sq m)
Warehouse - 6,726 sq ft (625 sq m)
TOTAL - 7,713 sq ft (717 sq m)
A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.
All rentals etc are quotes exclusive of rates, water rates, service charge, VAT and all other outgoings, etc. Rental to be payable quarterly in advance.
A variable charge is levied on the unit in order to cover the economic cost of external repairs, upkeep and maintenance and management, etc of common parts and facilities. Levied on a fair proportion basis.
Each party to pay for their own costs incurred in a transaction.
The rateable value according to the 2017 Rating List is £24,000. Rates payable (2017/18 = 0.479p in the £) - £11,496.
Full vacant possession will be offered to a new tenant upon completion of all legal formalities.
All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.
The property has a energy performance rating of D88.