UNIT 43 MIDDLEMORE INDUSTRIAL ESTATE, MIDDLEMORE ROAD, SMETHWICK, B66 2EA

INDUSTRIAL/WAREHOUSE – LONG LEASEHOLD

Educational/Community

Workshop

£600,000
Location:

The property is located on the well established and popular Middlemore Industrial Estate of 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 1 mile away.

Description:

The property is of concrete frame construction and is surmounted by a pitched slate roof.  The building is a single storey warehouse premises with integral office accommodation.  The warehouse internally benefits from concrete flooring, internal wall cladding, wired glass roof lights, a travelling crane, WC facilities and two integral stores.  The warehouse provides eaves height of approximately 4.2 metres.

Accommodation
Warehouse
11,187 Sq Ft
1,039 Sq M
Mezzanine Floor
505 Sq Ft
47 Sq M
Total Sq Ft:
11,692 Sq Ft
Total Sq M:
1,086 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected.

Mason Young Property Consultants has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.

Terms:

The property is held by way of a lease dated 6th July 1988.  The lease is for a term of 150 years from and including 25th March 1986 at a current annual ground rent of £440

Tenure / Price:

The long leasehold interest is available at a quoting price of £600,000.  Terms to be agreed.

Business Rates:

The property is currently listed within the 2015 rating listing as have a rateable value of £29,750.  Rates payable will be in the region of £14,250.25 per annum.

Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.

VAT:

We understand that the property is not elected for VAT.

Legal Costs:

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing:
Strictly by prior appointment with the sole agents,
Mason Young Property Consultants.
Contact Details:
Arjamand Farooqui BSc (Hons)
Tel: 0121 285 3535
Mob: 07929 410 481
Email: af@masonyoung.co.uk

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