LOCATION

The property is located off Hobart Road in Tipton to the southeast of Wolverhampton and north east of Dudley.

Junctions 9 & 10 of the M6 Motorway are approximately 4.2 miles away, with Junctions 1 & 2 of the M5 being about 5.2 miles distant.

Access to Dudley and both Wolverhampton and Birmingham City Centres are easily accessible via the A4123 Wolverhampton Road/ Birmingham New Road.

DESCRIPTION

The property comprises of a former plant hire depot with detached self-contained warehouse/industrial unit and separate site office block on a large secure yard.

The warehouse is constructed with a steel frame on a reinforced concrete floor with insulated composite panels to the elevations, incorporating translucent light panels to the roof elevations, having been comprehensively refurbished in 2017. The warehouse has a clear internal height of 3.9m and height to ridge of 8m. The warehouse is accessed via two level access electrically operated and insulated sectional doors (3.56m (w) x 4m (h) & 4.85m (w) x 4.47m (h)). LED lighting and gas radiant heaters are installed in the warehouse. The warehouse unit also incorporates a canteen area and welfare facilities including shower. A gas fired central heating system provides heating and hot water.

The offices are situated at the front of the site in a separate dedicated site office building. The building includes two separate office areas, kitchenette and office toilet facilities. Perimeter data/power trunking is installed as well as electric heating, LED lighting, and air conditioning.

The site is accessed via a set of double opening gates and secured by palisade fencing to the perimeter. The yard is concrete surfaced and benefits from LED flood lighting and wash area with interceptor tank.

ACCOMMODATION

Warehouse: 5,075 sq ft (471.53 sq m)

Warehouse canteen and amenities: 818 sq ft (75.95 sq m)

Office Block: 611 sq ft (56.75 sq m)

Mezzanine Floor: 818 sq ft (75.95 sq m)

Total GIA: 6,504 sq ft (604.23 sq m)

SITE AREA

0.88 Acres. (3,572.11 sq m)

SERVICES

Mains 3-phase 100-amp electricity, gas, drainage, 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.

LEASE TERMS

A new FRI type lease to be offered for a term of a years to be agreed incorporating upward only rent reviews.

RENTAL

Upon Application.

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

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: £36,000

ENERGY PERFORMANCE CERTIFICATE

B34

VAT

The property is not currently opted for tax, however the landlord reserves the right to charge VAT in the future.