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Office for sale

Galton Lane, Belbroughton, DY9

Sold STC £485,000
3,027 sq. ft.

Property Description

Commercial information

  • 3,027 sq ft (281 sq m)

Key features

  • 3027 sq ft NIA
  • Income producing 39,000 pa
  • 8.0 % Gross Yield (before costs)
  • 3.5 miles from M5 at Junction 4
  • Fantastic Office Specification
  • 485,000 + VAT

Full description

Galton’s Mill is a former mill converted into two storey high specification offices. The building still has part of the original iron work from the mill in situ and the mill pool is also present giving a real tranquil feeling to the property. The building is currently Let on a 3 year lease with a rent of £39,000 per annum from 1st April 2017 and the owners of Galton’s Mill intend to sell the building with the current tenancy in place. The building it comprises of the following accommodation:
Ground floor - The main entrance door leads to a modern open plan office with windows to the rear and side elevations, leading to a further open plan office with vaulted ceilings and its own entrance door to the outside. From this office is a kitchen, break out room and toilet. The ground floor offices also have two toilets, a kitchen and a server cupboard on the other side of the building to the Eastern elevation.
First Floor - From the staircase to the first floor is an open plan office with a modern glass screen meeting room/office and additional separate office, again sectioned with glass partitioning. There is a further area of open plan offices which leads to the separate office or board room to the Eastern elevation.
Externally: The property can be accessed via two entrances off Galtons Lane and there is car parking to the front and side elevations and access to the Mill via the Northern elevation.

Map & Street View

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