Industrial to let in Bromley Street, Lye DY9

Location

Lye Valley Industrial Estate is located on Bromley Street in Lye, accessed off the A458 Stourbridge Road.

Junction 3 of the M5 motorway is approximately four miles distant.

Description

The Estate comprises 28 industrial/warehouse units of various sizes, with parking and loading areas fronting each unit.

The available unit comprises of a steel portal framed construction with insulated profile steel clad elevations, incorporating translucent light panels to the roof covering.

The unit benefit from a sliding shutter door, high bay lighting, and W.C facilities.

The estate is fully fenced with security gates, and a CCTV system in operation.

Services

Mains 3-phase 100 amp electricity, gas and water are connected to the property.

The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.

Accommodation

Unit 12A – 1,100 sq ft (102.19 sq m)

Rental

Upon Application.

Exclusive of VAT, building insurance, business rates, service charge, water rates and all other outgoings.

Lease terms

These premises will be available under a new full repairing and insuring lease for a term to be agreed.

Service charge

A variable small charge is levied on the unit in order to cover of the upkeep and maintenance and management etc. Of common parts and facilities. Levied on a fair proportion basis.

Buildings insurance

The landlord will insure the building, with the premium to be reimbursed by the tenant.

Possession

Full vacant possession will be offered to a new tenant upon completion of all legal formalities.

Legal costs

Each party will be responsible for their own legal costs incurred in the transaction.

Business rates

2017 Rateable Value – £4,850. Small business relief may apply, subject to status.

Planning

We are advised that the property has consent for light industrial, and storage and distribution type uses. Prospective tenants should seek confirmation from the local authority.

Energy performance certificate

D96.

VAT

VAT is payable at the prevailing rate.