Industrial unit for sale
Property description & features
- Tenure: Freehold
The property comprises a small estate of three industrial warehouse premises of traditional steel portal frame construction with full height brick and block elevations.
Unit I comprises a two bay warehouse of varying eaves height and in and out loading access onto the yard area.
Units 2 and 3 are three interconnecting bays providing ground floor workshop and warehouse with first floor office and stores. Loading doors provide access to the front of the property and car parking is provided to the front and rear of the premise.
Location
The property is situated along Roman Way in Coleshill, a well-established industrial location adjacent to the main A446 dual carriageway and within 3 miles of J4 of the M6 and 2 miles from J9 of the M42 and J1 of the M6 Toll. Easy access is therefore also gained to the M1, M5 and M40 motorways.
The National Exhibition Centre, Birmingham International Airport, Birmingham International Railway Station, and Coleshill Railway Station are all within a few minutes' drive.
Tenancy Information
Unit 1 is let to Oaklands Plastics Limited at £60,000 pa who are holding over on a historic 5-year lease. Oaklands are prepared to commit to a new 3-year FRI lease or provide vacant possession within a time scale to be negotiated. Units 2 and 3 are owner occupied and let to RS Fleet Installations Ltd who are prepared to enter into a new 3-year FRI lease at £150,000 or provide vacant possession subject to terms.
Price / Tenure
Offers at £3,100,000 are sought for the valuable freehold interest on either an investment or vacant possession basis.
Price / Tenure
Offers at £3,100,000 are sought for the valuable freehold interest on either an investment or vacant possession basis.
VAT
All prices quoted are exclusive of VAT which we understand is payable.
Planning Use
We understand the property has planning permission under Use Class B2 and B8.
Services
We understand all mains services are understood to be available in the vicinity of the site, but prospective purchasers should make their own enquiries as to the suitability of the services for their particular requirement.
Energy Performance Certificate
Available upon request.
Legal Costs
Each party are to be responsible for their own legal costs incurred during this transaction.
Viewings / Further Information
Strictly via the sole selling agent Siddall Jones.
Property information from this agent
Places of interest
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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