INDUSTRIAL UNIT TO LET
Industrial/Warehouse - Oldbury West Midlands
The property is located in Oldbury, West Midlands, on the junction of Wellington Street and Parsonage Road, access is via the A457 Birmingham Road. It is very close to Junction2 of the M5 giving is great access onto the national road infastructure.
The building is of steel frame construction with a pitched roof and part blockwork and steel profile clad elevations and access is via roller shutter door, as well as pedestrian access. This is currently a double industrial unit, but we have been informed that the Landlord may consider spliting it into two.
The total area of both units is 4995 sf ft
The property has both electric and water main supplies (these have not been tested by the agents)
The property is available on a new FRI Lease for a term to be agreed, subject to an upwards only rent review pattern dedpendent upon length of lease taken.
The annual rent is £30,000 per annum
The propertyis not VAT Registered
Information extracted from the Valuation Office Website has an RV of £23,000. Interested parties should confirm the RV with the local authorites.
The property has an EPC Rating of D (80). Certificates available upon request.
Each party are responsible for their own legal costs in this matter.
Viewing is by appointment only via this office.