Industrial Development
Broadwell Business Park is located off Birmingham Road on Broadwell Road, Oldbury, close to where the elevated section of the M5 motorway passes over the main A457 Oldbury to Birmingham Road. The property is conveniently located for all local arterial routes leading to Birmingham or the Black Country or with excellent access to the national motorway network via junction 2 of the M5 motorway.
The unit is of steel portal framed construction with brick insulated walls over clad with profile metal sheeting. The unit is surmounted by two pitched insulated corrugated asbestos roofs incorporated filon lighting panels. Access is via electronically operated roller shutter door. The height to the under side of the haunch is approximately 4.4 metres, whilst the height to apex is approximately 6.39 metres. The property benefits from two offices and toilet facilities. The property has a gross internal area of approximately 3,012 sq.ft. (279.89 sq.m.), and benefits from 3 allocated car parking spaces.
Commercial Investment
A Well Presented Freehold Industrial Investment Property
Current Rental Income: £10,500 pa.
We understand that the property is Freehold, subject to a Lease for term of 3 years with effect from 14th April 2014, at a current rental of £10,500 per annum. Full details and copy of the Lease will be available for inspection within the legal pack.
We understand that VAT will be charageable on this transaction.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
