Merridale Works, Lower Walsall Street, Wolverhampton
Size
5,630
Tenure
Freehold
EPC
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Parking
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- Primary use
- Light industrial
- Other use(s)
- Warehouse, Workshop, Traditional office
Key features
- • Investment opportunity comprising two storey office premises, warehouse, yard and outbuildings
- • Current Rental Income £30,500 per annum
- • Long Established Tenant
Description
The property is situated close to the junction between Lower Walsall Street and the Willenhall Road (A454). A public footpath runs along the left-hand elevation connecting Lower Walsall Street with industrial buildings and Cross Street behind the premises.
Description
The premises comprise an industrial unit positioned behind a two storey office building with a surfaced yard and outbuildings.
Accommodation
The accommodation measures 523.05 sqm (5,630 sqft). The site area is 0.08 acres (0.20 hectares).
Tenure
The property is Freehold and will be sold subject to the existing tenancy.
Tenancies
Ten Year Lease expiring 25th July 2032, annual rent of £30,500.
Further information can be supplied on request.
Services
We understand that all mains services are connected.
Business Rates
Rateable value is £33,500 for the year 2026/2027.
EPC
E116 Expiring 25 October 2030.
Method of Sale
The guide price is £295,000 (Two Hundred and Ninety Five Thousand Pounds). We reserve the right to set a date for final and best bids.
We are advised VAT will apply to this transaction.
Viewings
By appointment through the sole Agents.
- Clear height
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- Yard depth
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- Service charge
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- Business rates
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- Use class
- E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Merridale Works, Lower Walsall Street, Wolverhampton
About First City Limited, Wolverhampton
We bring a unique mix of experience and professional skills to the task together with the imagination and foresight to see opportunities and potential where others see only problems.
Fundamental to any successful organisation is its people. We pride ourselves on having a group of professional, highly motivated and experienced staff. It’s a team that’s flexible in its approach and focused on finding innovative ways to deliver added value for our clients.
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Disclaimer - Property reference 5617. 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.