COMMON USE CLASS: B2 General Industrial, B8 Storage and Distribution
The units are located on the corner of Booth Street (B4136) at the junction with Downing Street on the outskirts of Middlemore Industrial Estate. The property lies 3.4 miles to the North-/West of Birmingham City Centre. The property is situated approx. 2 miles from Junction 1 of the M5 Motorway which provides access to the wider National Motorway Network.
The surrounding areas on either side of Booth Street are predominantly industrial in nature, with a number of local industrial estates in the vicinity, namely Downing Street Industrial Estate, Middlemore Industrial Estate and Park Road Industrial Estate. Vehicular access to the property is via two sets of iron gates off Booth Street.
The property comprises an end terrace industrial/ warehouse unit of steel portal frame construction. The part glazed elevations are a mix of brick/blockwork and profiled cladding surmounted by two pitched profiled, part insulated roofs incorporating translucent rooflights.
The accommodation comprises of an open plan two bay warehouse with a kitchen and w.c. facilities. Access is via an electrically operated roller shutter door (3.7m high x 6.2m wide). Height to the underside of the haunch - 3.47 m. (15'5'') approx.
The unit benefits from a surfaced yard to the side elevation.
23,884 sq.ft. (2,219.68 sq.m.) approx.
Yard - 0.38 acres (0.15 hectares) approx.
The unit is available by way of a new lease on a full repairing and insuring basis for a term to be agreed. The lease will incorporate a service charge provision to cover the repair/maintenance of all common areas approx.
Year 1 - £115,000 per annum exclusive.
Subsequent Years - £130,000 per annum exclusive.
The rental deal as outlined above is on the understanding that a tenant provides a minimum committment period of 5 years.
Rateable Value - £55,500.
UBR - 51.2p in the £(2021/22).
Interested parties are advised to make their own enquiries with Sandwell Metropolitan Borough Council on 0845 351 0017.
The Agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their Solicitor or Surveyor.
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.
EPC Rating: D(90).
Each party to bear their own legal costs incurred in this transaction.
All prices quoted are exclusive of V.A.T. which may be chargeable.
Contact us via [email protected]