The property is located in an established industrial area in Smethwick on Alma Street at its junction with the A457 Soho Way. The premises are well situated having good access to Junction 1 and Junction 2 of the M5 motorway. Birmingham City Centre is located approximately 3.5 miles south east from the subject premises. Smethwick Rolfe Street Train Station is located approximately 1 mile west from the premises, providing regular links into Birmingham City Centre and the surrounding areas.
The property comprises of a two-storey mid terraced building of brick built construction surmounted by a pitched roof. The ground floor is operating as a gym which has a concrete floor with rubber covering, brick walls, plastered and painted ceiling with LED lights and WC facilities. The first floor provides storage space.
Energy Performance Certificate:
Details available upon request.
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 in-going tenant or occupier satisfies themselves in this regard.
Tenure / Price:
The freehold interest is available at a quoting price of £450,000 subject to contract.
The unit is currently let on a 5-year lease at a passing rent of £36,000 per annum exclusive.
The property is currently listed within the 2023 rating listing as having a rateable value of £16,250. Rates payable will be in the region of £8,108.75 per annum respectively.
Interested parties are advised to make their own enquiries to Sandwell Metropolitan Borough Council on 0121 368 1155.
We understand that the property is not elected for V AT.
Each party to be responsible for their own legal costs incurred during this transaction.