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Unit 1 Holly Park Industrial Estate, Erdington, Birmingham, B24 9PB

Sold for for £115,000.
 

Guide Price £110,000 plus fees


Thursday 4th July 2013

11.00am
Key Features
A Modern Freehold Warehouse Investment Opportunity<1mm/> Current Rental: £13,500 per annum
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Sold for for £115,000.

property

Location (Next Column)

The property is located on the well established Holly Park Industrial Estate, which is situated within an established warehouse and industrial environment, just off the main A38 Tyburn Road and immediately off Spitfire Road.
The property benefits from excellent access to the motorway network via Junction 6 of the M6 motorway, which lies approximately 2 miles distant.

Property Description

The property comprises a modern single storey end of terraced industrial unit, with associated offices, within a terrace of similar properties. The property benefits from surfaced car parking to the front. Whilst we have not undertaken a measured survey, it is understood that the property extends to approximately 1,740 sq.ft. (161.60 sq.m.). However, all interested parties must seek their own verification of floor areas and dimensions prior to bidding.

Property Type

Commercial Investment

Tag Line

A Modern Freehold Warehouse Investment Opportunity
Current Rental: £13,500 per annum

Tenancy Details

The property is let for a term of 3 years commencing on 4th May 2011, to Whittle Programmed Painting Ltd with a surety of Roy Hankinson (Holdings) Ltd. The rent passing is £13,500 per annum.
Full details and a copy of the Lease will be available for inspection within the legal pack.

Tenure

We understand that the property is Freehold, subject to the tenancy below.

Value Added Tax

VAT will be chargeable on this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers.
For further details, contact Ian Tudor on 0121 237 4850.

Tenure: