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MapIndustrial unit to rent
Peacocks Industrial Estate, Providence Street, Cradley Heath
Industrial unit
Features and description
- Recently refurbished industrial unit
- Established industrial estate close to Cradley Heath town centre
- Gross internal floor area 4479 sq.ft.
TO LET - An opportunity to lease a refurbished industrial unit on a well established trading estate close to Cradley Heath town centre. Gross internal floor area: 416.2 sq.m. (4,479 sq.ft.) - EPC = 96 (D)
Rent: £27,000 per annum exclusive of VAT and other outgoings.
ACCOMMODATION
WAREHOUSE/FACTORY: 18.07m x 18.19m - 328.69 sq.m. (3,538 sq.ft.)
Electric roller shutter door.
SIDE/REAR LOBBY: 1.64m x 3.38m
Fire escape door.
STORE/OFFICE 1: 8.67m x 3.37m
STORE/OFFICE 2: 3.54m x 3.37m
KITCHEN: 3.83m x 3.37m
WASHROOM:
Comprising entrance lobby, male washroom, female washroom.
GROSS INTERNAL FLOOR AREA: 416.20 SQ.M. (4479 SQ.FT.)
OUTSIDE
Communal estate road with parking available immediately in front of the building.
LEAN-TO OPEN FRONTED COVERED STORAGE AREA
RATING ASSESSMENT:
Rateable Value (from 1st April 2023): £10,250.
Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.
LEASE:
The premises are to be let on lease. The length of term to be by negotiation. The Agent has not checked the legal documentation to verify legal status of the property or validity of any guarantees. A tenant must assume the information is incorrect, until it has been verified by their own solicitors.
SERVICE CHARGE:
A service charge will be levied to cover the maintenance of the site including estate roads, communal grounds, communal services, site security, related professional charges and management fees. An estimate of the current level of service charge will be provided on request. These charges will be subject to variation and should be confirmed by your legal advisor prior to entering into a lease agreement.
LEGAL COSTS:
The in-going tenant will be responsible for the landlords legal fees if the terms of the lease is for less than six-years.
REPAIRING LIABILITY:
Full repairing and insuring basis. The landlord will arrange insurance for the property and the tenant will re-imburse the cost of the premium on a pro-rata basis on demand.
VAT:
The rent is subject to VAT.
SERVICES AND APPLIANCES:
Mains electricity, water and drainage are connected. There is no gas supply. The Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. The prospective tenant is advised to obtain verification from their Solicitor or Surveyor.
RENT DEPOSIT:
A rent deposit will be held by the landlord for the duration of the lease (amount to be confirmed).
VIEWING:
Strictly by prior appointment via Agents on[use Contact Agent Button].
IMPORTANT NOTE:
If you are considering entering into a lease for commercial premises, before proceeding we would draw to your attention the existence of the Code for Leasing Business Premises First Edition February 2020 () This document and its supplemental guide set out the basis on which negotiations of the lease terms should be undertaken. It is recommended that you obtain your own professional advice with regard to the Code and the proposed lease terms before proceeding.
ANTI-MONEY LAUNDERING REGULATIONS:
In order to comply with Anti-Money Laundering Regulations, any prospective tenant will be required to provide the following:
1. Satisfactory photographic identification.
2. Proof of address/residency.
In the absence of being able to provide appropriate physical copies of the above, Scriven & Co reserves the right to obtain electronic verification of identity.
Satisfactory bank and trade references will also be required.
EXTRA SERVICES:
By law, the agent must tell the client if the agent or any connected person intends to earn any commission or any other fees from offering or referring other services to the client or buyer. If the agent or any connected person earns money from any of these services or referrals the agent or the connected person would keep this commission or fee. Part of the payment for these extra services will be paid to the agent as a result of the referral.
Scriven & Co offers the following services and has the following referral arrangements in place:
Scriven & Co routinely refers sellers (and buyers) to Infinity Financial Advice. It is the clients’ or buyers’ decision whether to choose to deal with Infinity Financial Advice. Should the client or a buyer decide to use Infinity Financial Advice the client or buyer should know that Scriven & Co receive a payment from Infinity Financial Advice equating on average to a figure in the order of £200 per referral.
Scriven & Co routinely refers sellers (and buyers) to certain firms of solicitors/conveyancers. It is the clients’ or buyers’ decision whether to choose to deal with any of the referral companies. Should the client or a buyer decide to use any of these companies the client or buyer should know that Scriven & Co receive a payment from these companies equating to a figure in the order of £100-£200 per referral. We are informed that the solicitors/conveyancers are happy to pay this referral fee to ourselves as it significantly reduces the marketing costs that they have to allocate to sourcing new business. The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.
The agent routinely refers sellers (and buyers) to Warren’s removals and storage. It is the clients’ or buyers’ decision whether to choose to deal with Warren’s removals and storage. Should the client or a buyer decide to use Warren’s removals and storage the client or a buyer should know that the agent receives a referral fee to the value of £50 from them for recommending a client or buyer to them.
PROPERTY INFORMATION:
Find information about a property in England or Wales:
Mobile and broadband checker: If mobile coverage and broadband speed is an important issue we would suggest checking with:
Flooding: If you wish to check flooding information in respect of the property, the following may be of assistance:
Long term flood risk check of an area in England:
Service provider information: we would suggest the following:
Gas supply:
Electric supply:
Water supplier:
Rent: £27,000 per annum exclusive of VAT and other outgoings.
ACCOMMODATION
WAREHOUSE/FACTORY: 18.07m x 18.19m - 328.69 sq.m. (3,538 sq.ft.)
Electric roller shutter door.
SIDE/REAR LOBBY: 1.64m x 3.38m
Fire escape door.
STORE/OFFICE 1: 8.67m x 3.37m
STORE/OFFICE 2: 3.54m x 3.37m
KITCHEN: 3.83m x 3.37m
WASHROOM:
Comprising entrance lobby, male washroom, female washroom.
GROSS INTERNAL FLOOR AREA: 416.20 SQ.M. (4479 SQ.FT.)
OUTSIDE
Communal estate road with parking available immediately in front of the building.
LEAN-TO OPEN FRONTED COVERED STORAGE AREA
RATING ASSESSMENT:
Rateable Value (from 1st April 2023): £10,250.
Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.
LEASE:
The premises are to be let on lease. The length of term to be by negotiation. The Agent has not checked the legal documentation to verify legal status of the property or validity of any guarantees. A tenant must assume the information is incorrect, until it has been verified by their own solicitors.
SERVICE CHARGE:
A service charge will be levied to cover the maintenance of the site including estate roads, communal grounds, communal services, site security, related professional charges and management fees. An estimate of the current level of service charge will be provided on request. These charges will be subject to variation and should be confirmed by your legal advisor prior to entering into a lease agreement.
LEGAL COSTS:
The in-going tenant will be responsible for the landlords legal fees if the terms of the lease is for less than six-years.
REPAIRING LIABILITY:
Full repairing and insuring basis. The landlord will arrange insurance for the property and the tenant will re-imburse the cost of the premium on a pro-rata basis on demand.
VAT:
The rent is subject to VAT.
SERVICES AND APPLIANCES:
Mains electricity, water and drainage are connected. There is no gas supply. The Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. The prospective tenant is advised to obtain verification from their Solicitor or Surveyor.
RENT DEPOSIT:
A rent deposit will be held by the landlord for the duration of the lease (amount to be confirmed).
VIEWING:
Strictly by prior appointment via Agents on[use Contact Agent Button].
IMPORTANT NOTE:
If you are considering entering into a lease for commercial premises, before proceeding we would draw to your attention the existence of the Code for Leasing Business Premises First Edition February 2020 () This document and its supplemental guide set out the basis on which negotiations of the lease terms should be undertaken. It is recommended that you obtain your own professional advice with regard to the Code and the proposed lease terms before proceeding.
ANTI-MONEY LAUNDERING REGULATIONS:
In order to comply with Anti-Money Laundering Regulations, any prospective tenant will be required to provide the following:
1. Satisfactory photographic identification.
2. Proof of address/residency.
In the absence of being able to provide appropriate physical copies of the above, Scriven & Co reserves the right to obtain electronic verification of identity.
Satisfactory bank and trade references will also be required.
EXTRA SERVICES:
By law, the agent must tell the client if the agent or any connected person intends to earn any commission or any other fees from offering or referring other services to the client or buyer. If the agent or any connected person earns money from any of these services or referrals the agent or the connected person would keep this commission or fee. Part of the payment for these extra services will be paid to the agent as a result of the referral.
Scriven & Co offers the following services and has the following referral arrangements in place:
Scriven & Co routinely refers sellers (and buyers) to Infinity Financial Advice. It is the clients’ or buyers’ decision whether to choose to deal with Infinity Financial Advice. Should the client or a buyer decide to use Infinity Financial Advice the client or buyer should know that Scriven & Co receive a payment from Infinity Financial Advice equating on average to a figure in the order of £200 per referral.
Scriven & Co routinely refers sellers (and buyers) to certain firms of solicitors/conveyancers. It is the clients’ or buyers’ decision whether to choose to deal with any of the referral companies. Should the client or a buyer decide to use any of these companies the client or buyer should know that Scriven & Co receive a payment from these companies equating to a figure in the order of £100-£200 per referral. We are informed that the solicitors/conveyancers are happy to pay this referral fee to ourselves as it significantly reduces the marketing costs that they have to allocate to sourcing new business. The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.
The agent routinely refers sellers (and buyers) to Warren’s removals and storage. It is the clients’ or buyers’ decision whether to choose to deal with Warren’s removals and storage. Should the client or a buyer decide to use Warren’s removals and storage the client or a buyer should know that the agent receives a referral fee to the value of £50 from them for recommending a client or buyer to them.
PROPERTY INFORMATION:
Find information about a property in England or Wales:
Mobile and broadband checker: If mobile coverage and broadband speed is an important issue we would suggest checking with:
Flooding: If you wish to check flooding information in respect of the property, the following may be of assistance:
Long term flood risk check of an area in England:
Service provider information: we would suggest the following:
Gas supply:
Electric supply:
Water supplier:
Property information from this agent
About this agent
A family run estate agents and Chartered Surveyors, of three generations, founded in 1937. Conveniently situated on the border of Quinton, Halesowen & Oldbury , we provide property related services in respect of both residential and commercial property. This include; sales, lettings and management, as well as valuations, different types of surveys, and the sale of land and new home developments. Our background The company was founded in 1937 by the late A J W Scriven FALPA (Jack Scriven), and soon established itself in the Black Country and the West Midlands. Martin Scriven B.Sc. (val.Est.Man.) FRICS, (son of the Founder) joined the company in 1978, and worked for the firm up until 2020, when at this time he became the firm's consultant. In September 2007 Gordon Tibbetts FARLA was appointed director, with Martin's sons George Scriven AssocRICS FNAEA, and Charles Scriven MRICS ARLA also becoming directors in 2015. Kevin Davis MRICS, Jon Dunbar FARLA, Nicola Stevens ARLA, and Andrew Thomas MAAT are also associates of the company, and work within the Commercial and Surveys, Property Management, and Accounts departments respectively. Irma Deeming is the firm's business manager. Qualifications and memberships It is important to be aware that not all Estate Agents are regulated or are members of professional organisations. Engaging such an agent could leave you at risk. As members of the RICS (The Royal Institution of Chartered Surveyors), and the NAEA/ARLA Propertymark (National Association of Estate Agents &The Association of Residential Letting Agents), we are members of the leading professional bodies that set the industry standards, ensure legal compliance, and also guarantee that all client money is protected. Choosing your Estate Agent Each of the departments (Residential Sales, Residential lettings, Commercial & Surveys, and Accounts) comprise experienced staff members dedicated to providing the best service as possible. By not mixing each team with other departments, this enables to you have consistent and efficient communication with the same person(s). You will find that all of our staff are very approachable and will always be happy to speak to you. We pride ourselves on giving a very personal and highly professional service, and we believe that good communication is vital. With over 82 years of selling, letting and managing properties within the local and surrounding areas, and staff living within the areas we operate, Scriven & Co are extremely well equipped with the required experience and local knowledge to be your agent, whether it be to find a suitable tenant, make sure we do the right things to get the best price for your home, or give you the right advice for you to sell your property as quickly as possible. If you would like to know more about one of our many services please get in touch so that we can arrange for an appointment to come and see you, at a time to suit you. Our free of charge residential property appraisals are no obligation, and we can explain more about our competitive and professional services that are flexible to suit you. We aim to provide a professional service of the highest standard, with honesty and integrity, at a competitive price.