LOCATION

Summit Crescent Industrial Estate is located off Roebuck Lane and Dartmouth Road in Smethwick within an established industrial location, a short distance from Telford Way (A4252) and Kendrick Way (A4182) dual carriageways.

The Estate is strategically located between Junction 1 (1 mile) & 2 (3 miles) of the M5 motorway providing access to the national motorway network. Junction 8 of the M6 is located 3 miles away providing access to the north and south.

Smethwick Galton Bridge Railway station is just a few minutes walk which provides easy access in to Birmingham.

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DESCRIPTION

The property comprises a detached single span steel portal framed industrial / warehouse / distribution unit, with brick and blockwork elevations, beneath a newly insulated and overclad profile steel clad roof incorporating translucent light panels.

Both electrically operated level access and tailboard loading doors are provided to the warehouse, newly installed LED lighting throughout, and refurbished integral offices and welfare facilities with combined heating/cooling systems installed. The warehouse has an eaves height of 5.44m rising to 8m at the apex.

A concrete surfaced forecourt loading yard and parking area is provided to the western boundary of the unit, with a newly created large secure private yard area to the northern boundary with new loading door.

SERVICES

It is believed that all main services are either available or connected to the property.

Interested parties should verify this for themselves.

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.

RENTAL

Upon Application

All rentals etc are quotes exclusive of business rates, service charge, utilities, VAT, and all other outgoings, etc. Rental to be payable quarterly in advance.

FLOOR AREAS

Warehouse:- 29,589 sq ft (2,748.89 sq m)

Offices:- 4,395 sq ft (408.31 sq m)

Total Gross Internal Floor Area (GIA): 33,984 sq ft (3,157.18 sq m)

LEASE TERMS

A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.

SERVICE CHARGE

A variable charge is levied to cover the cost of upkeep, maintenance and management, of common parts and facilities.

Levied on a fair proportion basis.

PLANNING

We understand the property enjoys consent for light industrial, warehouse, and distribution uses.

Prospective tenants should seek confirmation from the local authority.

LEGAL COSTS

Each party to pay for their own costs incurred in a transaction.

BUSINESS RATES

2023 Rateable Value: £129,000

2024/25 rates payable (0.546p in the £): £70,434

Prospective tenants are advised to verify this information with the local authority business rates department.

POSSESSION

Full vacant possession will be offered upon completion of all legal formalities and landlords refurbishment works.

VAT

All rentals etc exclude the liability of VAT, which will be chargeable as an addition and at the appropriate rate prevailing.

EPC

The EPC for the property is being re-assessed following completion of the refurbishment works, targeting a new

rating of B (TBC).