THE OLD FOUNDRY BUSINESS CENTRE, BATH STREET, WALSALL, WS1 3BZ

SELF CONTAINED OFFICE SUITES WITH ON SITE CAR PARK – INCOME PRODUCING – FREEHOLD

Investment

£1,200,000
Location:

The property is located on the edge of Walsall town centre, with the town centre itself approximately half a mile to the North. Access to the national motorway network is obtained at junction 9 of the M6 motorway approximately 1.25 miles to the southwest via Bath Street, Lysways Street and the main A34 and A4148 Broadway West. Walsall is strategically located to allow fast access to Birmingham City Centre 7 miles to the southeast and Wolverhampton City Centre 6 miles to the west.

Description:

The Old Foundry provides modern business facilities in a converted Victorian building close to Walsall Town centre. Sympathetically refurbished, this well-established business centre offers secure accommodation in suites of varying sizes from an office for one person upwards. The office suites benefit from carpets, lighting, gas central heating, newly fitted kitchen units and shared WC accommodation. The site also benefits from 68 on-site car parking spaces. Externally the site is accessed via electronic sliding gates.

Accommodation
The Old Foundry
14,971 Sq Ft
1,391 Sq M
Total Sq Ft:
14,971 Sq Ft
Total Sq M:
1,391 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected to include mains gas, water and electricity.

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 purchaser or occupier satisfies themselves in this regard.

Tenure / Price:

The property is managed by a serviced office provider. The current monthly rent as of June 2021 is approximately £19,983 gross, however it has an ERV of approximately £25,000 per calendar month gross. Tenancy schedule is available upon request.

The Freehold interest is available at a quoting price of £1,200,000, subject to contract.

Business Rates:
Interested parties are advised to make their own enquiries to Walsall City Council on 0300 555 2853
VAT:

We understand that the property is elected for VAT.

The sale of the property will be dealt with by means of a TOGC (Transfer Of A Going Concern).

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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