Alma Street, Wolverhampton, West Midlands, WV10
£20,819 pcm
£249,825 pa
£37.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,662 sq ft
619 sq m
- SECTOR
Warehouse to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Unit A approximately 619 sqm (6,662 sqft)
- Workshops and storage buildings with offices
- Fenced & Gated Site
- Long Leasehold
- Circa 1 mile to the east of Wolverhampton city center
Description
LOCATION
The premises are located between two arterial roads, Willenhall Road and Wednesfield Road on the eastern side of Alma Street within the Heath Town suburb of Wolverhampton. Wolverhampton City centre is approximately 1 mile via the main A4124 Road. Junction 10 of the M6 can be accessed approximately 3.5 miles to the east via the A454 and Black Country Route. The property is within an area of mixed commercial and residential use and situated between a main railway line and the Wyrley and Essington canal.
DESCRIPTION
The premises comprise two separate workshops and interconnected storage units dated circa 1977 onwards, extended circa 1999 and 2005.
They are separated by a gated hard surfaced loading/access yard with vehicular access onto Alma Street.
Unit A
Comprises a workshop with metal shutters fronted by single storey offices, toilets and kitchenette with an interconnected warehouse extension to the rear. A mezzanine floor to parts.
The premises are brick built with a concrete portal frame surmounted with profile sheeting with roof lights. Solid concrete floors. Eaves height in the workshop is 2.9m minimum and 4.9 maximum. Roller shutter loading access.
Access through to a more recently built rear warehouse which is steel portal framed with profile metal cladding. Solid concrete floors. Eaves height in the warehouse is 5.23m minimum and 6.3m maximum. Roller shutter access to yard.
Unit B - AVAILABLE FOR SALE ONLY
Comprises a single bay industrial property fronted by two storey offices with an interconnected two storey workshop at the rear.
The premises are brick built, surmounted with a steel truss roof and profile sheeting with roof lights. Solid concrete floors. Eaves height of circa 3.5m. Roller shutter loading access.
Access through to rear two storey workshop which is steel portal framed with brick walls and profile metal cladding. Solid concrete floors. Eaves height is 2.8m beneath an upper floor workshop. Roller shutter doors access both ground and first floor.
The two storey office building is a more recent extension. Brick construction with metal profile cladding sheeting and upvc windows with metal shutters.
ACCOMMODATION
Unit A Description SQFT/ SQM
Workshop & Offices: 3,530/328
Warehouse: 2,500/232
Mezzanine: 632/ 59
TOTAL: 6,662/ 619
TENURE
Unit A is long leasehold on the following terms:
* 99 years from 9th February 1978
* Landlord: Wolverhampton City Council
* Current rent £7,100 pa. Rent reviews every 14 years.
SERVICES
We understand all main services are connected to unit B but unit A does not have a main gas supply. All interested parties should make their own enquiries to the relevant authorities regarding the suitability, capacity and location of services.
VAT
We understand the owner has not elected to waive the VAT exemption and therefore VAT will not be charged on the sale price.
RATEABLE VALUE
Unit A £28,250 - 1 April 2023
Unit B is freehold.
SALES PRICE
Offers are invited in the region of £750,000 (Seven Hundred and Fifty Thousand Pounds) for both Units A and B.
Alternatively, the units will be divided and sold independently, the sales price is available upon request.
RENTAL PRICE
Consideration will be given to renting Unit A on Full Repairing and Insuring (FRI) Terms, at a rent of £3.75 per sqft.
EPC
EPC rating unit A - 105E
LEGAL COSTS
Each party will be responsible for their own legal costs.
VIEWINGS
Viewings by appointment only. All enquiries to First City 'The Property Consultancy' on quoting reference 5212. Ask for Neil Hazlehurst
The premises are located between two arterial roads, Willenhall Road and Wednesfield Road on the eastern side of Alma Street within the Heath Town suburb of Wolverhampton. Wolverhampton City centre is approximately 1 mile via the main A4124 Road. Junction 10 of the M6 can be accessed approximately 3.5 miles to the east via the A454 and Black Country Route. The property is within an area of mixed commercial and residential use and situated between a main railway line and the Wyrley and Essington canal.
DESCRIPTION
The premises comprise two separate workshops and interconnected storage units dated circa 1977 onwards, extended circa 1999 and 2005.
They are separated by a gated hard surfaced loading/access yard with vehicular access onto Alma Street.
Unit A
Comprises a workshop with metal shutters fronted by single storey offices, toilets and kitchenette with an interconnected warehouse extension to the rear. A mezzanine floor to parts.
The premises are brick built with a concrete portal frame surmounted with profile sheeting with roof lights. Solid concrete floors. Eaves height in the workshop is 2.9m minimum and 4.9 maximum. Roller shutter loading access.
Access through to a more recently built rear warehouse which is steel portal framed with profile metal cladding. Solid concrete floors. Eaves height in the warehouse is 5.23m minimum and 6.3m maximum. Roller shutter access to yard.
Unit B - AVAILABLE FOR SALE ONLY
Comprises a single bay industrial property fronted by two storey offices with an interconnected two storey workshop at the rear.
The premises are brick built, surmounted with a steel truss roof and profile sheeting with roof lights. Solid concrete floors. Eaves height of circa 3.5m. Roller shutter loading access.
Access through to rear two storey workshop which is steel portal framed with brick walls and profile metal cladding. Solid concrete floors. Eaves height is 2.8m beneath an upper floor workshop. Roller shutter doors access both ground and first floor.
The two storey office building is a more recent extension. Brick construction with metal profile cladding sheeting and upvc windows with metal shutters.
ACCOMMODATION
Unit A Description SQFT/ SQM
Workshop & Offices: 3,530/328
Warehouse: 2,500/232
Mezzanine: 632/ 59
TOTAL: 6,662/ 619
TENURE
Unit A is long leasehold on the following terms:
* 99 years from 9th February 1978
* Landlord: Wolverhampton City Council
* Current rent £7,100 pa. Rent reviews every 14 years.
SERVICES
We understand all main services are connected to unit B but unit A does not have a main gas supply. All interested parties should make their own enquiries to the relevant authorities regarding the suitability, capacity and location of services.
VAT
We understand the owner has not elected to waive the VAT exemption and therefore VAT will not be charged on the sale price.
RATEABLE VALUE
Unit A £28,250 - 1 April 2023
Unit B is freehold.
SALES PRICE
Offers are invited in the region of £750,000 (Seven Hundred and Fifty Thousand Pounds) for both Units A and B.
Alternatively, the units will be divided and sold independently, the sales price is available upon request.
RENTAL PRICE
Consideration will be given to renting Unit A on Full Repairing and Insuring (FRI) Terms, at a rent of £3.75 per sqft.
EPC
EPC rating unit A - 105E
LEGAL COSTS
Each party will be responsible for their own legal costs.
VIEWINGS
Viewings by appointment only. All enquiries to First City 'The Property Consultancy' on quoting reference 5212. Ask for Neil Hazlehurst
Brochures
Alma Street, Wolverhampton, West Midlands, WV10
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wolverhampton Station0.5 miles
- The Royal Tram Stop0.7 miles
- Wolverhampton St George's Tram Stop0.8 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 5212a. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by First City Limited, Wolverhampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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