Property Overview

Rent:	£130,000 per annum exclusive
Type:	Industrial / Warehouse
Tenure:	To Let
Description:	Steel portal framed warehouse and offices within its own self contained site. Ample car parking/yard space.
Contact:	Matthew Pearcey - 07764 269803

Detailed Information

Location

The property is located on Ham Lane, Kingswinford, within 400 yards of the junction with Stallings Lane.  Kingswinford town centre is within one mile.  The Motorway network is accessible via Junction 3 of the M5 at Quinton and Junction 2 of the M5 at Oldbury.

Description

The property comprises two adjoining warehouse buildings with two storey offices to the front.

The two storey offices benefit from aluminium framed double glazed windows.  The accommodation comprises a range of private and open plan style rooms with toilets.

The warehouse bays are of steel portal framed construction with brick/blockwork and metal profiled sheeted walls, surmounted by a number of pitched metal profiled sheeted roofs incorporating filon roof lights.  Height to underside of haunch 5.5m (18'.1") approx. 

Warehouse No 1. has 2 No. roller shutter doors.  There are additional two storey offices etc partitioned within the warehouse.  Warehouse No. 2 has 2 No. roller shutter doors.

The fenced/gated site is fully self contained.  

Accommodation (Gross Internal Area) approx.

Offices                 -        1,919 sq.ft      (178.33 sq.m)

Warehouse No. 1  -      15,031 sq.ft.    (1,396.92 sq.m)

Warehouse No. 2  -        5,992 sq.ft.       (556.90 sq.m)

                                   __________      ____________

                                   22,942 sq.ft      (2,132.15 sq.m)
                                   __________      _____________

First floor areas (within Warehouse No. 1)  -   1,272 sq.ft. (118.21 sq.m) approx.

Services

Electricity and water are connected.  Waste is via a septic tank/cesspit. 

Rating Assessment

2017 Rateable Value: £79,000.

2023 Rateable Value: £66,000.

U.B.R - 51.2p in the £ (2023/24)

Lease Terms

The premises are available by way of an assignment or sub-letting.  The terms of the Lease are as follows.

Term:  10 years from 14th July 2022.

Break Clause:  Tenant only, effective at the end of year 5.

Rent  Review:  Effective at the end of year 5.

Rent

£130,000 per annum exclusive.

V.A.T.

V.A.T. may be levied on the rent.

Fixtures and Fittings

All usual tenants fixtures and fittings and those not mentioned in these particulars are expressly excluded from the letting.

Energy Performance Certificate

EPC ratings - E112 and E123.

Viewing

Strictly via the Sole Agents.

Sellers Chartered Surveyors
Matthew Pearcey
Tel: 07764 269803
Email: matthewpearcey@sellers-survetors.co.uk