10b, 10c and 10d Middlemore Lane West, Aldridge, Walsall, WS9 8EF
Property Overview
Purchase Price: | £520,000 |
---|---|
Type: | Industrial & Warehouse |
Size: | 10,174 sq. ft / 945 sq. mtrs |
Tenure: | For Sale |
Description: | Small industrial complex for sale |
Detailed Information
Location
The property is located in a popular industrial area about half a mile to the west of Aldridge district centre
Description
The property comprises two adjoining industrial units. Both units have their own driveway from the main highway and have surrounding grounds and circulation area
Accommodation
Unit 10b & 10c | Nathans Classics |
Rear workshop | 1830 |
Mezzanine | 545 |
Store 1 | 160 |
Store 2 | 240 |
Front workshop | 2228 |
Mezzanine | 422 |
Store 3 | 240 |
Office | 201 |
Total, unit 10b&10c | 4899 (excl mezz) |
Unit 10d | North Bham Motors |
Workshop | 3667 |
Toilet block | 91 |
Store | 350 |
Total, unit 10d | 4108 |
Outbuilding | 200 |
Total, overall | 9207 (excl mezz) |
Total, overall | 10174 (inc Mezz) |
Tenancy
Unit 10b and 10c, Nathans Classics
A tenancy is in place to Nathan's Paint &Restoration Specialist Limited. A new lease is to be entered;6 year term from completion at a rent of £18672pa, fully repairing and insuring, rent review at 3rd anniversary
Unit 10d, North Birmingham Motors
A tenancy is in place to North Birmingham Motor Co. Ltd (with a guarantor),10 year term from March 2018 internal repair, rent reviews every third anniversary, present rent £16800pa
Total rent £35,472pa
EPC
Unit 10b/c - D
Unit 10d - E
Price
£520000
VAT
Will not apply
Viewing
Strictly by arrangement