Industrial for sale in Alma Street, Smethwick B66, £450,000

450,000.00

Offer Nr.:
65925695
Type of ad:
for Sale
Property type:
Industrial
Contact name:
Mason Young Property Consultants
Phone(s):
0121 721 9881

* Outside Clean Air Zone
* Established Location
* Income Producing
* Freehold Title
**Location**
The property is located in an established industrial area in Smethwick on Alma
Street at its junction with the A457 Soho Way. The premises are well situated
having good access to Junction 1 and Junction 2 of the M5 motorway. Birmingham
City Centre is located approximately 3. 5 miles south east from the subject
premises. Smethwick Rolfe Street Train Station is located approximately 1 mile
west from the premises, providing regular links into Birmingham City Centre
and the surrounding areas.
**Description**
The property comprises of a two - storey mid terraced building of brick built
construction surmounted by a pitched roof. The ground floor is operating as a
gym which has a concrete floor with rubber covering, brick walls, plastered
and painted ceiling with LED lights and WC facilities. The first floor
provides storage space.
**Services**
We are advised all main services are connected to include mains gas, water and
electricity.
Mason Young Property Consultants has not checked and does not accept
responsibility for any of the services within this property and would suggest
that any in - going tenant or occupier satisfies themselves in this regard.
**Energy Performance Certificates**
Details available upon request.
**Tenure/Rent**
The freehold interest is available at a quoting price of £450, 000 subject to
contract.
The unit is currently let on a 5 - year lease at a passing rent of £36, 000 per
annum exclusive.
**Business Rates**
The property is currently listed within the 2023 rating listing as having a
rateable value of £16, 250. Rates payable will be in the region of £8, 108. 75
per annum respectively.
Interested parties are advised to make their own enquiries to Sandwell
Metropolitan Borough Council on .
**VAT**
We understand that the property is not elected for VAT
**Legal Costs**
Each party to be responsible for their own legal costs incurred during this
transaction.
**Viewing**
Strictly by prior appointment with sole agents, Mason Young Property
Consultants.

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