Under Offer - Not Specified

Industrial Estate producing an income of £62,272 per annum.  Close to Walsall town centre and junction 10 of the M6 motorway.  Site extending to 1.08 acres (0.44 hectares).  Potential for redevelopment subject to Planning.

LOCATION:   The properties front both Birchills Street and Thomas Street in a mixed industrial and residential location just off the A4148 Blue Lane West on the outskirts of Walsall town centre.  Junction 10 of the M6 motorway is easily accessible from this location.

DESCRIPTION:  The properties are predominantly of single storey construction with pitched corrugated asbestos flat roofs to single storey height.  On the corner of Birchills Street and Thomas Street are two two-storey buildings of brick construction with pitched roofs.  There is a communal yard with access from Birchills Street and an additional secondary access from Thomas Street.  The site extends to approximately 1.08 acres (0.44 hectares) and abuts the Walsall Canal along its western boundary.  Please see the site plan attached.

ACCOMMODATION

VULCAN WORKS

Units 2 and 3A: £3,480 Per Annum

Units 3B and 4: £3,840 Per Annum

Unit 5:              £5,100 Per Annum (increasing to £5,400 in 2024 with the current Tenant).

Rear of Units 4 and 5: £3,960 Per Annum

Unit 6: £2,580 Per Annum

Unit 9 : £3,600 Per Annum

Unit 10: Vacant

Unit 11: £1,800 Per Annum

Unit 12: £2,400 Per Annum

Unit 14: Vacant

UNITS A AND B, THOMAS STREET

Unit A: £7,800 Per Annum

Unit B: £6,500 Per Annum

TOMLINSON’S BUILDING 

Ground Floor: £10,200 Per Annum (increasing to £12,000 in 2024 with the current Tenant).

First Floor: £6,720 Per Annum

PREMIER EQUESTRIANS £6,712 Per Annum

Total Rental Income:  £62,272 Per annum

SERVICES: We understand that the individual units are separately metered for electric.  No tests have been applied to any of the services or appliances.

RATING DATA: (information obtained from the Valuation Office Agency Web Site):

We understand that the individual units are separately rated and each tenant is responsible for their own assessment.

TENURE:  We understand that the property is Freehold.

ENERGY PERFORMANCE CERTIFICATE:  EPC’s are awaited.

VIEWINGS:    Contact Fraser Wood Commercial on 01922 629000.

Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.