Industrial Unit For Sale, Walsall, West Midlands

The property is located at the junction of Westgate and Dumblederry Lane, being approximately 1 mile west of Aldridge town centre and 4 miles north east of Walsall. Junction 10 of the M6 motorway is approximately 5 miles south west and provides road links to the wider motorway network.

2 Storey Office Building: The building is brick design portacabin offices with part air conditioning, double glazed windows, LED lighting and wall mounted electric heaters. There are male and female WCs and a kitchen.

Brick Warehouse: The unit is of steel frame construction with brick walls and a lined profile metal sheet mono-pitched roof. Internally the unit provides storage facilities with a concrete floor, LED lighting and a steel roller shutter door.

Maintenance Building: This part of the property is of steel frame construction with full height double skin profile metal clad elevations and a metal sheet roof with translucent light panels. The property also has a concrete floor, LED lighting and a roller shutter door.

The majority of the site is concrete surfaced and is utilised for open storage.

The total site area extends to approximately 2.97 acres (1.2 hectares).

TENANCIES: There are presently two tenants on part of the site being located to its rear and adjacent to the canal. The individual demised areas are highlighted in the attached lease plan and the Tenancy Agreements are as follows: Walter & Sons Waste Management Ltd occupies the area edged in green on an expired lease which was contracted outside the security provisions of the Landlord and Tenant Act 1954 Part II. They are currently paying £12,000 pax. Flowmix Limited occupies the three areas edged in red on the lease plan on a seven year lease from 12th June 2023 at a current rent of £36,000 pax. This lease is also contracted outside the security provisions of the Landlord and Tenant Act 1954 Part II. The area hatched in blue is the vehicular accessway. The remaining site and buildings are presently vacant. Copies of the individual leases are available upon request.

EPCs: D-80, D-80 & D-77