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RA Business Park, Charlotte Street, Dudley, DY1 1TD

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Purchase Price:Offers in excess of 325,000
Type:Investments
Size:13,880 sq. ft / 1,289 sq. mtrs
Tenure:For Sale
Description:

The estate is fully let producing an income of £27,492 per annum.  The accommodation has  been refurbished to include metal profiled sheeted roofs.

Contact:Matthew Pearcey - 07764 269803

Detailed Information

Location

The premises are located at the junction of Clifford Street and Charlotte Street, Dudley. The yard is located on Charlotte Street. The A461 Brierly Hill - Dudley Road lies within 200 yards. Dudley Town Centre is within 1/4 mile and the Motorway Network is accessible via Junction 2 of the M5 at Oldbury.

Description

The premises comprises a range of interconnecting single and two storey buildings with a central yard/car park.

Unit 1 comprises a steel framed workshop with brick walls surmounted by two metal profiled sheeted roofs.  Access is via a roller shutter door.

Unit 2 is of steel portal framed construction with brick/blockwork and insulated profiled sheeted walls surmounted by a pitched insulated profiled sheeted roof with filon lighting panels. Height to eaves 5.7m (18'8") approx. Access is via a roller shutter door.

The site includes a two storey brick building overclad with a pitched metal profiled sheeted roof. The ground floor accommodation comprises a Workshop (Unit 3) with the remainder of the ground floor comprising toilets etc. which form part of Unit 2 and an entrance lobby/office for the first floor Offices (Unit 4).  Unit 4 comprises a open plan office, 3/4 private offices, a kitchen and separate male and female toilets.

A basement is situated underneath the two storey building.

Accommodation (Gross Internal Area) approx.

Unit 1 - 2,320 sq.ft.

Unit 2 - 7,500 sq.ft.

Unit 3 (ground floor workshop) - 1,151 sq.ft.

Unit 4 (first floor/part ground floor offices) - 2,144 sq.ft.

Basement - 765 sq.ft.

Gross Internal Area - 13,880 sq.ft. (1,290 sq.m.) approx.

The Tenancy/Rent Schedule is downloadable from Sellers website.

Site Area

0.36 Acres (1,457 sq.m.) approx.

Services

All mains services are connected. The electricity and water supplies are sub-metered/purchased direct from the landlord (10% administration charge).  Gas is not connected to units 1 and 2.

Note: the Vendor/Agents have not tested the services/heating systems.

Rating Assessments

Unit 1 - £5,900.

Unit 2 - £20,250.

Unit 3 - £4,350.

Unit 4 - £6,100.

U.B.R. (2017/18): 46.7p in the £.

Price Guide

Offers in excess of £325,000 subject to contract.

V.A.T.

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

Fixtures and Fittings

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

Energy Performance Certificate

EPC rating - Units 1-4 RA Business Park - D100.

Viewing

Strictly via the Sole Agents - Sellers (01384) 456789.

Matthew Pearcey - 07764 269803.

matthewpearcey@sellers-surveyors.co.uk

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Copyright © Sellers Commercial Limited 2014

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