This property has been removed by the agent.It may be sold or temporarily removed from the market View similar properties
Commercial Property for sale
Narrowboat Way, DUDLEY
COMMERCIAL INVESTMENT PROPERTY
A modern industrial building in a good main road position well placed for Dudley Town Centre and Merry Hill Regional Centre. It is set back from the road behind a paved forecourt and soft landscaping.
GROSS INTERNAL FLOOR AREA
OFFICE BLOCK: 163.43 sq.,m. (1,758 sq.ft.)
FACTORY: 1,223.27 sq.m. (13,162 sq.ft.)
NOTE: There are documented tenant's improvements included in the above areas. The offices were extended by 44.79 sq.m. (482 sq.ft.) in 2005 and the factory was extended by 204.35 sq.m. (2,198 sq.ft.) in 1998. In 1987 consent was given for the erection of some buildings within the area of the factory.
SERVICES AND APPLIANCES
Mains water, mains electricity and mains drainage are available. The Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. The buyer is advised to obtain verification from their Solicitor or Surveyor.
The Agents are advised the property is freehold. The Agent has not checked the legal documents to verify the freehold status of the property. The buyer is advised to obtain verification from their Solicitor or Surveyor.
The current rent is £45,388 per annum.
For a term of 25 years from the 19th October 1987 with 5 year rent reviews on full repairing and insuring terms. The lease was assigned in 1997 to Bodycote Materials Testing Limited with Bodycote International Plc. standing as surety. The name of Bodycote Materials Testing Limited was changed to Exova UK Limited in 2009.
A service charge is levied to cover the cost of ground maintenance.
Rateable Value (2010 List): £64,000 (Workshop and Premises).
Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.
All figures quoted are exclusive of VAT where applicable.
Strictly by prior appointment via Agents.
THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.