Warehouse for sale in Unit 1 Westminster Industrial Estate, Dudley DY2

Description:

This industrial/warehouse unit boasts a steel portal frame construction, a substantial 3 phase power supply. An electrically operated roller shutter door makes loading and unloading a breeze, while ground floor reception, works toilets, and various private offices provide all the ancillary accommodation you need.

In addition, this property also includes a further 1,758 sq ft warehouse extension featuring a steel portal frame construction, electrically operated roller shutter door. With all of these features, youll have the space and functionality to take your business to the next level.

Location:

The premises is located on Westminster Industrial Estate, Cradley Road, Netherton. Dudley town centre lies approximately 3 miles to the north and Cradley Heath c. 0.5 miles to the south. The M5 motorway, Junction 3, is approximately 5.5 miles distance providing access to the Black Country and wider National Motorway network.

Tenure:

This site is available to purchase freehold. All Tenants are on active leases generating a total rental income of £88,000. The leases do have rent reviews which would allow any purchaser the option to increase rents at the suitable rent review dates.

Price:

Offers sought in the region of £1,300,000 for the freehold interest.

Business Rates:

Potential buyers are advised to make their own enquiries in respect to the business rates.

VAT:

We are advised that VAT is applicable on this property. Interested parties are advised to make their own enquiries accordingly.

Legal Costs:

Each party to bear their own legal costs throughout the transaction.

Energy Performance Certificate:

EPC rating - E Certificate available upon request.

Viewings:

Viewings are by appointment with sole agents, Galaxy Real Estate.