Industrial for sale in Middlemore Lane West, Walsall WS9

Location
The property is located in a popular industrial area about half a mile to the west of Aldridge disctrict centre

Description
The property comprises two adjoining industrial units. Both units have their own driveway from the main highway and have surrounding grounds and ciculation area

Accommodation
Unit 10b & 10c Nathans Classics

Rear workshop 1830
Mezzanine 545
Store 1 160
Store 2 240

Front workshop 2228
Mezzanine 422
Store 3 240
Office 201

Total, unit 10b&10c 4899 (excl mezz)

Unit 10d North Bham Motors

Workshop 3667
Toilet block 91
Store 350
Total, unit 10d 4108

Outbuilding 200

Total, overall 9207 (excl mezz)
Total, overall 10174 (inc Mezz)
Tenancy
Unit 10b and 10c, Nathans Classics

A tenancy is in place to Nathan's Paint &Restoration Specialist Limited. A new lease is to be entered;6 year term from completion at a rent of £18672pa, fully repairing and insuring, rent review at 3rd anniversary

Unit 10d, North Birmingham Motors

A tenancy is in place to North Birmigham Motor Co. Ltd (with a guarantor), 10 year term from March 2018 internal repair, rent reviews every third anniversary, present rent £16800pa

Total rent £35,472pa

EPC

Unit 10b/c - D

Unit 10d - E

Price
£520000

VAT

Will not apply

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