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Prospect Row, Dudley, West Midlands DY2 8SG

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Purchase Price:140,000
Type:Investments
Size:2,607 sq. ft / 242 sq. mtrs
Tenure:For Sale
Description:

Workshop/warehouse with yard let at £11,500 p.a.

Contact:Matthew Pearcey - 07764 269803

Detailed Information

Location

The premises are prominently located at the junction of Prospect Row and Blackacre Road.

Description

The workshop is of lattice steel portal framed construction with brick/blockwork and profiled sheeted walls surmounted by a pitched, part insulated corrugated asbestos roof incorporating wire glazed rooflights.  Access is via two roller shutter doors.  Height to underside of haunch - 2.35m (7'8") approx.  Height to apex - 5.8m (19') approx.  The workshop includes a steel framed mezzaine floor.

A detached store of blockwork/flat roof construction is included.

The premises benefit from a gated YARD along with parking to the front.

Accommodation (Gross Internal Area) approx.

Workshop  -  2,390 sq.ft.   (222.12 sq.m.)

Stores       -     217 sq.ft.     (20.18 sq.m.)
                    _________   ____________

Total         -   2,607 sq.ft.   (242.30 sq.m.) approx.
                    _________   ____________

Mezzanine -      405 sq.ft.       (37.6 sq.m.) approx.

Site Area   -   0.15 acres (607 sq.m.) approx.
                   

Services

All mains services are connected.  A gas fired blower unit is located to the workshop.  Please note the following.

  • The gas meter has been removed.

  • The Vendor/Agents have not tested the services/gas fired blower unit.

Guide Price

£140,000.

Lease

The premises are let to Mr. D. Nangarhar by way of a 5 year lease from 26th February 2018 at a rent of £11,500 per annum exclusive.  The lease is held on a full repairing and insuring basis subject to a Schedule of Condition.  Rent Deposit - £958.33 plus V.A.T.

V.A.T.

V.A.T. will be levied on the purchase price.

Fixtures & Fittings

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

Energy Performance Certificate

EPC Rating - G165.

Viewing

Strictly via the Sole Agents - Sellers Chartered Surveyors.

Matthew Pearcey - 07764 269803.

matthewpearcey@sellers-surveyors.co.uk

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MISREPRESENTATION ACT 1967: Sellers for itself and for the vendors or lessors of this property whose agents they are give notice that the particulars are a general outline only for the guidance of indending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Sellers has any authority to make or give any representation or warranty whatever in relation to this property