property
Gross Internal Floor Area: 4,402 sq.ft. (408.95 sq.m.)
The property is situated on Graiseley Row close to its junction with Pool Street within an established industrial and commercial environment, approximately 1 mile from Wolverhampton City Centre. The property benefits from good access, just off the A449 Penn Road, which in turn leads off the main A4150 Ringroad to Wolverhampton City Centre.
We understand that the property has an existing consent for B2 and B8 general industrial and warehouse purposes within the Town and Country Planning (Use Classes). The property is currently used as a vehicle paint and body shop.
This well presented and refurbished property comprises a single bay industrial/warehouse unit, with internal office, WC and shower room. The unit is of single span steel portal framed construction with a pitched roof, having glazed rooflights and concrete floors. There is external brick frontage and metal cladding with side brick elevations, having a minimum eaves heights of 13 feet.
The unit has an internal office area and adjoining separate WC and shower room. The unit has a steel roller shutter access to the front and there are three dedicated car parking spaces on the adjacent secure car park and the junction of Graiseley Row and Sidney Street.
Commercial Investment
A Freehold Refurbished Commercial Investment Close to Wolverhampton City Centre
Current Rent: £17,000 per annum
We understand that the property is Freehold and is being sold subject to a new 6 year Lease on a full repairing and insuring basis to City Paint and Body Shop Ltd. The rent passing is £17,000 per annum and full details and a copy of the Lease will be available for inspection within the legal pack.
We understand that VAT will be chargeable on this transaction.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
