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.
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.
Energy Performance Certificate:
Details available upon request.
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.
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 £500,000. Terms to be agreed.
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.
We understand that the property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.