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10b, 10c and 10d Middlemore Lane West, Aldridge, Walsall, WS9 8EF

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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

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Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending 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 Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.