2500 sq. ft (232.26 m²)
Key features
- Under Refurbishment
- New Lease
- Established Commercial Location
- Integral Office Accomodation
Description
LOCATION
Lodge Forge Trading Estate is located a short distance from Cradley Town Centre benefitting from convenient access to the local shops and the railway station.
The estate benefits from excellent dual carriageway links to the M5, Halesowen and Merry Hill Shopping Centre.
DESCRIPTION
The Estate comprises of sixteen well maintained industrial/ warehouse units benefitting from a secure site with perimeter fencing and lockable gates.
The unit is of reinforced concrete frame construction with lined insulated corrugated sheet roof incorporating translucent light panels.
To the front of the unit is a good concrete surfaced loading forecourt and tarmacadam surfaced parking areas.
SERVICES
Mains 3-phase 100amp electricity, water. and drainage are connected to the property.
The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.
FLOOR AREA
2,500 Sq Ft (232.26 Sq M) – Gross Internal Area
RENTAL
£18,125 per annum
Exclusive of VAT, building insurance, business rates, service charge, water rates and all other outgoings.
LEASE TERMS
These premises will be available under a new full repairing and insuring lease for a term to be agreed.
SERVICE CHARGE
A variable small charge is levied on the unit in order to cover of the upkeep and maintenance and management etc. of common parts and facilities. Levied on a fair proportion basis.
BUILDINGS INSURANCE
The landlord will insure the building, with the premium to be reimbursed by the tenant.
POSSESSION
Full vacant possession will be offered to a new tenant upon completion of all legal formalities.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.
BUSINESS RATES
2023 Rateable Value: £10,000
Small Business Rate Relief may be available subject to status.
PLANNING
We are advised that the property has consent for light industrial.
Prospective tenants should seek confirmation from the local authority.
ENERGY PERFORMANCE CERTIFICATE
D97
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