The property is located on the well established and popular Middlemore Industrial Estate off Middlemore Road, Smethwick. Middlemore Road leads to Birmingham Road (A41) which connects directly to the Midlands motorway network at Junction 1 of the M5, approximately half a mile away.
The property comprises of a mid-terraced single storey industrial/ warehouse unit of brick built construction surmounted by a corrugated metal roof incorporating intermittent translucent roof panels. Internally the unit benefits from a concrete floor, fluorescent strip lighting, three phase electricity, cellular office space and male/ female WC accommodation. The unit is fitted with a manual metal concertina shutter to the front.
Externally the unit has car parking spaces for several vehicles to the front.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected to include water and three phase electricity.
Tenure / Price:
The property is available on a leasehold basis at a rent of £13,800 per annum on a FRI basis, subject to contract. Terms to be agreed.
Service Charge:We understand that an estate charge of £1,533 is to be levied to cover the cost of services provided by the Freeholder. A ground rent of £120 per annum is also to be paid by the ingoing tenant.
The property is currently listed within the 2017 rating listing as having a rateable value of £10,500. Rates payable will be in the region of £5,029.50 per annum. Occupiers may be eligible for small business rate relief.
Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
We understand that the property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.