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Units 1 & 2, 37 Church Lane, West Bromwich, B71 1BX

Unsold, the last bid was for £135,000. Please refer to Auctioneer for Reserve.
 

Guide Price £125,000-£145,000 plus fees


Thursday 27th February 2014

11.00am
Key Features
A Freehold Part Investment Part Vacant Commercial Premises
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Unsold, the last bid was for £135,000. Please refer to Auctioneer for Reserve.

Commercial Property

Location

The two units are located along Church Lane, West Bromwich. West Bromwich is a town within the Metropolitan Borough of Sandwell and is approximately 5 miles north west of Birmingham City Centre. The premises has the benefit of excellent transport links with Junction 1 of the M5 motorway approximately 2 miles away and the main A41 Black Country New Road within 10 minutes walking distance of the premises.

Planning

We understand that the premises have planning permission under Use Classes B1 (light industrial), B2 (general industrial) and B8 (warehousing). The property may be suitable for a variety of uses, subject to obtaining the necessary planning consents.

Property Description

The site comprises of two single storey industrial/workshop units with showroom to the front elevation and a number of internal offices. Externally, the property benefits from a forecourt, providing parking spaces for approximately 10 vehicles.

Property Type

Commercial Investment

Services

Mains services are understood to be available in the vicinity of the property, but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements.

Tag Line

A Freehold Part Investment Part Vacant Commercial Premises

Tenancy Details

Unit 1
Currently let to Capital Hardware & Glazing Limited, at a rental of £10,500 per annum. Please see legal pack for further Lease details.
Unit 2
Currently Vacant

Tenure

We understand that the property is Freehold and is being sold subject to the existing tenancy.

Value Added Tax

The Vendor reserves the right to charge VAT.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: