Investment For Sale Brierley Hill
PROPERTY ID: 133794
PROPERTY TYPE
Investment
STATUS
Available
SIZE
3,111 sq.ft
Property Details
This building comprised a terraced commercial unit with a Gross Internal Area of 3,107 sq ft (229 sq. m) plus mezzanine. The property, managed by WLT, [Title No WM385853] and occupied by the same business since 2005. The unit is located on the well-established Wallows Industrial Estates close to the Merry Hill Shopping Centre and Waterfront Commercial Developments in the Black Country in the West Midlands region of the UK. The property is available by way of sale of the Freehold interest and subject to an occupational tenancy. Key Investment information Tenant/Occupier Venture Building Plastics Limited (Dormant Company) Rent paid as agent by Specialist Building Products Limited [Company No 01268689] Experian Rating 100/100) Term Three year fully repairing and insuring lease protected by the Landlord and Tenant Act 1954, dated 2nd November 2023 expiring 1st November 2028. Rent £20,709.00 pa (£6.67 psf) – ERV £25,000.00 (£8.04 psf) Utilities, Insurance, Maintenance, and Business Rates are payable in addition by the occupier. EPC rated C-75 Certificate Valid to 2031. VAT is applicable.