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£360,000

(£46.86/sq. ft)

Industrial for sale

Villiers Trading Estate, Marston Road, Wolverhampton WV2
7,682 sq. ft

£360,000

(£46.86/sq. ft)

Industrial for sale
Villiers Trading Estate, Marston Road, Wolverhampton WV2

    • 7,682 sq. ft

About this property

    Detailed Information
    Location
    The property is located off Marston Road on Villiers Trading Estate, just off the A449 Penn Road, a main arterial route serving Wolverhampton City Centre. Alternative access is also offered by way of Sunbeam Street. The property forms part of a long established industrial estate with a variety of local and national operators. Nearby occupiers include Tesco, Screwfix, kfc and Jardine motor dealership.

    Description
    The mid terrace property is of portal frame construction with full height brick elevations, north light roof with internal insulation. The main access is off Sunbeam Street via an electric roller shutter and single personnel door with a further pedestrian access to the rear via a shared service yard off Marston Road. The unit is predominantly open plan with a brick built mezzanine and staff area to the wetern elevation and W.C. Block. The unit benefits from an eaves height of 5.4m, sodium and LED lighting and a floor mounted gas blow heater, externally there is parking for approximately 8 vehicles in an enclosed and shared yard off Sunbeam Street.

    N.B - The current occupiers also occupy the adjoining unit (Unit 5) and have made an opening in the dividing wall one bays width.

    Accommodation
    Warehouse 6,665sq.ft 619.26sq.m

    Mezzanine 923sq.ft 85.80sq.m

    W.C. Block 94sq.ft 8.80sq.m

    All areas approximate and measured on a gross internal basis.

    Tenure
    The property is freehold and sold subject to the existing lease to Breakwells Glass Limited for a term of 7 years from May 2021 at a passing rent of £20,000 per annum, exclusive. There is a rent review and tenant option to determine at the 5th anniversary.

    Rates
    The current Rateable Value is combined with the adjoining unit at £23,750
    EPC

    EPC = E - 125 Expiry September 2031

    Price
    £360,000
    VAT

    VAT will be charged where appropriate.

    Viewing
    Strictly via the sole selling agents Michael Tromans & Co llp

    Subject to Contract

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