Industrial for sale in Unit 55 Sapcote Trading Estate, Powke Lane, Cradley Heath B64, £195,000

195,000.00

Offer Nr.:
63464096
Type of ad:
for Sale
Property type:
Industrial
Contact name:
Siddall Jones Limited
Phone(s):
0121 659 8498

* Freehold
**Description**
The property comprises an industrial workshop premises of steel frame
construction, with concrete floor and brick elevations.
A recent extension provides additional warehouse space with access into a
secure enclosed yard area.
A rear office is also provided at ground floor level, along with welfare
facilities and basement.
The first floor provides open plan office space with WC and kitchenette
facilities.
**Location**
The property is located on Sapcote Trading Estate, Cradley Heath, in an
established and popular industrial area.
The property is well located for access to the regional and national road
network. Junction 2 of the M5 motorway is within approximately 2. 5 miles.
The A461 is approximately 2 miles north, which leads to Birmingham New Road,
which provides access to Wolverhampton, Dudley and Birmingham.
**Rental Terms / Price**
The property is available to let on a new lease with length to be agreed at
£18, 000 per annum exclusive.
Alternatively, consideration will be given to a sale of the freehold at
£195, 000 exclusive.
**Tenure**
The property is held freehold.
**VAT**
All prices quoted are exclusive of VAT which we understand is not payable.
**Business Rates**
The property is currently listed within the 2017 rating listing as having a
rateable value of £6, 500. Rates payable will be in the region of £3, 250 per
annum respectively.
Small business rate relief may apply, subject to tenants’ eligibility.
**Planning Use**
We understand the property has planning for B2 (General Industrial).
Interested parties should contact Sandwell Metropolitan Borough Council
Planning Department.
**Services**
We are advised all main services are connected to include mains water and
three phase electricity.
Siddall Jones have 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 Certificate (EPC)**
Energy Performance Certificate (EPC) available upon request from the agent.
**Money Laundering Regulations**
The money laundering regulations require identification checks are undertaken
for all parties purchasing/ leasing property.
Before a business relationship can be formed, we will request proof of
identification for the purchasing/ leasing entity.
**Legal Costs**
Each party to be responsible for their own legal costs incurred during this
transaction.
**Viewing**
Viewings are strictly by prior appointment with the sole Siddall Jones.

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