For Sale Unit 1 Lanesford Industrial Estate, Ham Lane, Kingswinford, DY6 7JU
20,989 sq ft (1,949.9 sq m)
1.136 acre site
In close proximity to Pensnett Trading Estate
Potential development site (Subject to Planning)
Currently occupied by Francis Catering Equipment Ltd with lease expiry April 2019. Passing rent £72,000 per annum.
08449 02 03 04 gva.co.uk/11865
Description The property is prominently located on the corner of Ham Lane and the B4175 Stalling’s Lane in Kingswinford, and lies approximately 6 miles west of Dudley town centre and 16 miles west of Birmingham City Centre. It is equidistant between Wolverhampton and Stourbridge with good access to Junction 2 of the M5 via the B4175, B4176 and the A4123 New Birmingham Road.
In addition, Francis Catering Equipment Limited currently occupy the building on a term of 12 years beginning on 13th April 2007, ending on and including the 12th April 2019 at a passing rent of £72,000 per annum.
Energy Performance Certificate (EPC) An EPC has been commissioned and will be provided to all interested parties.
Specification
Rateable Value
The property is a detached single storey industrial unit which comprises a main production area, additional warehouse facility and the main office block to the front of the building.
We are advised by the Valuation Office Agency that the 2017 Rateable Value for the property is £48,750.
The main production area is of steel truss construction underneath a north lit, lined asbestos sheet roof, with concrete floor, brick elevations, and access via two loading doors. The eaves height to the main production area is 3.65m, and a canteen and a private production office are provided on the Western side.
Accommodation Sq M
Sq Ft
Main Production Facility
1267.3
13,641
Warehouse
276.97
2,981
Production of135.55 fice, canteen & W/C’s
1,459
Main office accommodation & reception
270.16
2,908
TOTAL
1949.99
20,989
For further information please contact:
Rob Watts 0121 609 8108
[email protected] Property ref gva.co.uk/11865 08449 02 03 04 SUBJECT TO CONTRACT
We recommend that interested occupiers contact the local billing authority to confirm rates payable.
Price Please contact the agent for further details.
Viewings Strictly by arrangement with the sole agent, please contact GVA for further details.
Tenure The property is held on a 999 year long leasehold from 8th November 1963 with a ground rent of £230 per annum.
GVA 3 Brindleyplace, Birmingham B1 2JB GVA is the trading name of GVA Grimley Limited an Apleona company. ©2017 GVA
GVA hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent GVA is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.
May 2017
File number: 01B707744
(3) No person in the employment of GVA, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure. (4) All prices quoted are exclusive of VAT. (5) GVA shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by GVA.