Commercial Properties For Sale in Walsall, West Midlands
Paid partnerships can play a role in listing order
Description: The property comprises of an L shaped site accessed from Dumblederry Lane with four industrial/ warehouse buildings. The main building comprises the following specification: 6.75m eaves Two storey offices including WC's/kitchen facilities Full length gantry crane Level access loading door with an eaves height of 6.75m To the rear of the main building is a detached workshop with the following specification: 3.90m eaves Level access loading door There are two modern warehouse buildings with the following specification: 6.17m eaves Level access loading doors Externally there is a mixture of concrete and tarmacadam surfaced loading/car parking areas with the site being fully secure palisade fenced. There is also a grassed landscaped area that could form part of a redevelopment or additional car parking/loading area. Location: The property is located in the town of Aldridge which is located on the A454 Walsall Road approximately 3 miles to the south of Brownhills and approximately 3¾ miles to the north east of Walsall. The nearest motorway access is via Junction 10 of the M6 Motorway which is approximately 3 miles to the south west, which also provides access to the A454 Black Country Route. Junction T6 of the M6 Toll Road is located approximately 5 miles to the north. Aldridge is situated in the borough of Walsall at the northern end of the West Midlands conurbation.
- Total Site Area approximately 3.8 acres (1.58 hectares)
- Rare freehold opportunity
- Potential redevelopment/reconfiguration (subject to planning)
- Fully let Retail and Residential investment opportunity
- 1,051 sq. ft. retail shop with 2 bedroom duplex flat above
- Ground floor let to on renewed lease until 18/10/2028
The subject property offers a rare opportunity to acquire the freehold investment of the Maybrook Industrial Estate on Maybrook Road in Brownhills. The industrial estate extends to a total of units and boasts full occupation. The current passing rent is £225,700 per annum exclusive.
- The Property comprises multi-let industrial estate comprising 15 units arranged across two facing terraces totalling 23,600 sq ft
- Generates £225,700 per annum reflecting a low, reversionary, average passing rent of £9.46 per sq ft
- Property benefits from a WAULT of 1.3 years to break and 2.9 years to expiry