Warehouse for sale in Great Bridge, Tipton, West Midlands DY4

Description:

This industrial warehouse complex provides part steel portal frame and steel trussed frame construction with blockwork elevations beneath a pitched roof incorporating translucent roof lights. The warehouse boasts a minimum eaves height of 5.5m, rising to 8.8m at the apex, with a portal frame bay and an eaves height of 3.1m to the underside of the truss within the adjacent steel truss framed bay.

The site has a total of 7 units with a potential of 3 more to be made, with roller shutter doors for each unit providing access for loading/unloading onto an adjacent yard/car parking area. A new roller shutter access way has been created at the front of the site which provides additional vehicle access directly onto the High Street at Great Bridge.

At the front of the site are ground and first floor offices providing a number of private offices and a ground floor kitchenette facility with further stores. The offices are accessed via an additional pedestrian entrance leading directly onto the High Street at Great Bridge, and havent been refurbished so potential for any investor to increase the rent with further investment into the property.

This is a prime investment opportunity, with a passing rent in circa of £172,000 per annum. This is an ideal opportunity for investors looking for a profitable, secure and long-term investment.

Location:
The premises and site is located on the High Street in Great Bridge with vehicular access to the High Street itself and the units adjacent secure yard area. Great Bridge retail park is situated immediately to the rear which includes Asda, Poundland and Boots.

Great Bridge town centre is approximately 1/2 mile west of the A41 Black Country New Road which provide dual carriageway access to Junction 1 of the M5 motorway and Junction 9 of the M6 motorway, both of which are approximately 3 miles distant.

Accommodation:
The property provides the following approximate total gross internal floor area; 20,604 sqft.

Tenure:

Freehold Purchase with a rental income in circa of £172,000 per annum

Offers In Region Of £1,750,000.

VAT:
We advised that VAT is not payable on the current purchase price.

Interested parties are advised to make their own enquiries accordingly.

Viewing

Strictly by prior appointment with the sole agent Galaxy Real Estate at their Southall office.

Simarjeet Singh / Kevneet Grover / Please direct any email enquiries to