Unit 15, Erdington Industrial Park, Chester Road, Erdington, Birmingham, West Midlands , B24 0RD

Location

Erdington Industrial Park is a prime multi-let industrial estate, situated 5 miles to the North East of Birmingham City Centre close to the interchange of the A38 (Kingsbury Road) and A452 (Chester Road). The location benefits from excellent road links, with connections to the national motorway network at Junction 5 (1 mile) and Junction 6 (Spaghetti Junction - 3 miles) of the M6 together with Junction 9 of the M42 Motorway. Access to the M6 Toll Road is approximately 4 miles distant. Major occupiers nearby include Jaguar Land Rover, Amazon, DHL and Cadburys. The site is well served by main bus routes and nearby food and retail offerings including Aldi, Costa, Greggs together with Ravenside Retail Park and Castle Vale Retail Park.

Description

The property comprises a modern steel portal framed industrial unit incorporating a single storey office with ancillary stores, WCs and kitchen. The premises benefits from dedicated loading and on site parking to the front elevation. The warehouse is surmounted by a pitched metal clad roof with daylight panels. Minimum internal eaves height of approx. 7.1m. Access is via a ground level access loading roller shutter door. Heating and lighting throughout.

Floor Areas

Total GIA - 1,401.44 SqM / 15,085 Sq Ft

Terms

The property is available by way of an assignment or sub-lease of the existing lease, with an expiry of 11th December 2029. Current passing rent £90,189 per annum exclusive.

Alternatively, a new lease direct with the landlord may be considered subject to agreement of terms.

Rent

£90,189 per annum exclusive.

Service Charge Comments

There is an estate Service Charge levied to cover the cost to the external communal areas.

EPC

Energy Performance Asset Rating Band B - 44. A copy of the EPC is available on request.

Rates Comments

Requires reassessing for rating purposes.

Interested parties are advised to make their own enquiries with the Local Authority (Birmingham) for verification purposes.

Money Laundering

In accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant. For a company, any person owning more than 25% must provide the same.

Legal Costs

Each party will be responsible for their own legal costs incurred in the transaction.

VAT

All figures quoted are exclusive of VAT which we understand will be payable.

Repair

Full Repairing and Insuring subject to a Service Charge.