Light industrial to let in Bridge Street, Cradley Heath B64

Location

Lodge Forge Trading Estate is located a short distance from Cradley Town Centre benefitting from convenient access to the local shops and the railway station.

The estate benefits from excellent dual carriageway links to the M5, Halesowen and Merry Hill Shopping Centre.

Description

The Estate comprises of sixteen well maintained industrial/ warehouse units benefitting from a secure site with perimeter fencing and lockable gates.

The unit is of reinforced concrete frame construction with lined insulated corrugated sheet roof incorporating translucent light panels.

To the front of the unit is a good concrete surfaced loading forecourt and tarmacadam surfaced parking areas.

Services

Mains 3-phase 100amp electricity, water. And drainage 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.

Floor area

2,500 Sq Ft (232.26 Sq M) – Gross Internal Area

Rental

£18,125 per annum

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

2023 Rateable Value: £10,000

Small Business Rate Relief may be available subject to status.

Planning

We are advised that the property has consent for light industrial.

Prospective tenants should seek confirmation from the local authority.

Energy performance certificate

D97