T3 Dudley Court North, The Waterfront, Brierley Hill, DY5 1XP

Description
The property comprises ground and first floor offices built to a good modern specification, providing the following:-

A mix of both open-plan and cellular office accommodation.
Kitchenette and male and female WC facilities on both floors.
Suspended ceilings.
Raised access floors.
Recessed fluorescent tube lighting.
Gas fired central heating.

The estate also benefits from 24 hour on site CCTV security.

The estate is extensively landscaped and is gated out of hours.

Location
The property is located within The Waterfront, adjacent to the Merry Hill Shopping Centre.

The Waterfront provides approximately 750,000 sq ft of high quality office accommodation within attractive landscaped surroundings and the site benefits from a variety of retail outlets including a restaurant, pub, other food and social establishments.

The nearby A4036 Pedmore Road provides direct access into Dudley north bound, whilst south bound provides access to Junction 3 of the M5 motorway as well as opening up access to Kidderminster and Worcester.

Terms
Whilst the available accommodation is being offered to let on a new lease for a term of years to be agreed between the parties, the landlord may consider selling the long leasehold interest held in the property, which is for a term of 150 years from 1989.

Accommodation
Ground Floor 1,567 sq ft (145.59 sqm)
First Floor 1,580 sq ft (146.80 sqm)
NB: The accommodation can be let on a floor-by-floor basis. If the floors are let separately then there will be a building service charge payable in addition to the estate service charge which covers external elements of The Waterfront to include all common areas, landscaping, car parking and on site security. The building service charge will include shared costs relating to both the ground and first floors (where not separately metered) and apportioned on a pro rata basis according to the respective sizes of the ground and first floors.

Rent
As a whole, the rental for T3 is £29,900 per annum + VAT - £9.50 per sq ft and if let on a floor-by-floor basis the rent will be £10.50 per sq ft + VAT based on the respective areas for each of the floors.

Tenure
The property is held by way of a long leasehold, therefore a new occupational sub-lease will be granted on effective full repairing and insuring lease terms.

Business Rates
Rateable Value £26,000

Services
We understand all mains services are connected to the property.

Anti Money Laundering
The successful tenant will be required to submit information to comply with Anti Money Laundering Regulations.

VAT
Unless otherwise stated, all prices and rents quoted are exclusive of VAT.