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Unit B, Manders Industrial Estate, Old Heath Road, Wolverhampton, WV1 2RP

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Purchase Price:£765,000
Type:Investment Properties
Size:18,950 sq. ft / 1,760 sq. mtrs
Tenure:For Sale
Description:

Modern industrial investment

Detailed Information

Location

The is located about one mile east of Wolverhampton city centre in an established industrial location, and is approximately 4 miles from M6 Juntion 10 and 3.5 miles from M54 Junction 1

Description

The property comprises a modern two bay detached warehouse with extensive circulation area

Accommodation

Total internal area 18950ft²

This includes 950ft² of mezzanine level office area

Eaves height approx 24ft²

Site area approx 0.8 Acres

Lease

The property is leased to Guardrail Engineering Limited until February 2025

There is a tenant break option in February 2023

Fully repairing and insuring subject to schedule of condition

There are rental increments on the 9th February of each year as follows

2017   £66,625

2018   £68,290

2019 until expiry (2025) £70,000pa

Tenant Company

Guardrail manufactures industrial handrailing systems. For more information see;

www.guardrailgroup.com

Guardrail Engineering Limited was incorporated in 1995 and in financial statements to y/e 31/12/14 had net assets of £724,746

Source: www.companycheck.co.uk

Price

£765,000

VAT

Will apply in addition

EPC

E

Further information

Contact, Mark Tromans 01902 425646

Subject to contract

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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.