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Industrial Estate, 83 Middlemore Road, Smethwick B66 2EP

Offers in the Region of £575,000
OR
£52,500
Per Annum

About this property

DESCRIPTION

The property comprises a warehouse unit and adjoining office block with yard area providing parking for several vehicles. The warehouse premises which are of steel portal frame construction benefits from a pitched roof with generous roof lights providing good natural light, level concertina loading door, 6.53m eaves height, fluorescent strip lighting and Ambi-Rad heaters.

The two storey office block has its own separate entrance or can be accessed internally from the warehouse, housing additional toilet and kitchen facilities.

LOCATION AND SITUATION
The site is located on Middlemore Industrial Estate accessed of Middlemore Road, Smethwick. Smethwick itself lies off Junction 1 of the M5 and can be accessed off the A41. Birmingham City Centre lies approximately 4 miles west.

ACCOMMODATION

Warehouse – 14,164 Sq. Ft.
Grd Flr Offices – 1,080 Sq. Ft.
First Flr Offices – 1,080 Sq.Ft.

Total 16,324 Sq. Ft.

TENURE
£575,000 is sought to acquire the ground lease which is 150 years from 25th March 1986.
Alternatively the premises are available by way of a new FRI lease with a quoting rent of £52,500 with the term to be agreed.

VAT
All prices, rents and figures are quoted exclusive of any VAT that may be applicable.

EPC
Available upon request.

BUSINESS RATES

We have been advised that the current rating assessment is:
Rateable value: £52,500
We recommend that interested parties should make their own enquiries with the local authority.

MONEY LAUNDERING

In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful tenant.

Key Features

  • Industrial Premises For Sale/To Rent
  • 6.53m eaves height.
  • Separate two-story office block.
  • Established industrial area.
  • Close to M5 motorway network.

Next Steps