Light Industrial for saleLandywood Lane, Walsall, West Midlands
7,957 sq. ft.
- 7,957 sq ft (739 sq m)
- Use class orders: B8 Storage and Distribution
- Industrial Buildings
- Three separate units
- Suit investor looking for small industrial park
- GIA: 7957 Sq ft
- Solar Panels producing income
An opportunity to acquire units and yard within an established business location close to Cannock. The property would suit an owner occupier or investor seeking space either to occupy or let out. The property includes Solar Panels producing circa £1,328 pa on a generous 43.3p feed in until 2036.
Description - Single storey industrial premises consisting of a number of adjoining and partially interconnecting buildings. The main workshop is of steel frame construction with pitched metal roof and is arranged in two bays. There is a single storey office building , open fronted stores and two additional modern brick built single storey workshops.
This fantastic opportunity would suit an owner occupier or investor seeking space either to occupy or let out. We anticipate a total estimated rental value in the region of £24,000 per annum from the buildings and yard. In addition, the solar panels on the main building produce 3.68Kw on a generous 43.3p unit feed in rate until 2036. Full details of these panels, installed in 2011 are available upon request.
Location - The property is situated on the northern side of Landywood Lane, Cheslyn Hay, within well regarded, established industrial area. The main A34 Walsall - Cannock Road lies approximately half a mile to the east, providing access to the main A5 Watling Street and T7 Churchbridge Junstion of the M6 Toll motorway just over a mile to the north. The centre of Cannock and Junction 11 of the M6 motorway are within approximately two miles to the north and west respectively.
Accommodation - Office Building comprising reception hall, 3 offices and toilets
GIA : 637 sq ft (59.17 sqm)
Main workshop : approx 3,920 sq ft (364.17 sq m)
Open fronted stores building : approx 1,436 sq ft (133.4 sq m)
Two adjoining workshops : approx 1,964 sq ft(183.46 sq m)
TOTAL GIA : approx 7,957 sq ft (739.22 sq m)
Solar Panels - Type: Solar PV
Generation unit size: 3.68 Kw
Total module area: 25.6 Sq m
Est Annual Energy Yield: 3068 Kwh
Feed in Tariff: 43.3p
Feed in rate applies to period: 18/5/11 to 17/5/36
Estimated annual income: £1,328 pa
Services - All mains services are available subject to any reconnection which may be necessary.
Planning - Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.
Rating - The Rateable Value is £25,000. The standard non-domestic rating multiplier is 49.3 pence in the pound. The small business non-domestic rating multiplier is 48 pence in the pound, for properties with a rateable value up to £18,000. Bjb recommend parties make their own enquiries into any further business rate relief which maybe available.
Tenure - Freehold with vacant possession upon completion.
Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.
Viewing - Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent ST1 5BJ. Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.
Contact - For all enquiries other than viewings please contact;
Paul Jeffries BSc(Hons)MRICS
Email : firstname.lastname@example.org
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.
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