Oldbury, B69 4NH
Retail : For Sale
8,681 sq ft (806 sq m)
Tat Bank Road is located within 1 mile of Junction 2 of the M5 Motorway and 2 miles from Junction 1 of the M5, providing connectivity to Birmingham, the Black Country and beyond.
Langley Green Train Station is within walking distance of the subject premises, which provides direct rail access into Birmingham City Centre and the wider West Midlands.
The property is within close proximity to Oldbury and West Bromwich Town Centres, with Birmingham City Centre approximately 5 miles South-East.
The premises comprise a self-contained gated commercial site, extending to an approximate site area of 0.37 acres.
The property comprises a detached L-shaped office/workshop building which sits in a prominent position overlooking Tat Bank Road. This building has been subjected to a thorough refurbishment and comprises of double glazed windows, painted and plastered walls and carpeted flooring on solid floors, which sits beneath tiled ceilings with inset lighting.
The WC and kitchenette facilities have been comprehensively refurbished internally and the premises benefit from a comprehensive CCTV system (not tested). The property further benefits from electric fob door access, an intruder alarm (not tested) and gas fired central heating throughout.
At the rear of the main L-shaped building is a commercial unit with flat roof, which currently consists of a fully fitted kitchen occupied by a catering firm. This rear section is connected to the main L-shaped unit by link-block and provides a single storey rendered brick, double glazed workshop unit.
Within the yard area is a further detached workshop/storage building of single storey timber frame with flat steel clad roof. Both units provide roller shutter door access with loading areas.
The premises comprise a self-contained gated commercial site, extending to an approximate site area of 0.37 acres.
An EPC surveyr has been commissioned and will be available shortly.
Secure gated yard.
Price on application
Principal building and workshop:
Let to Hiana (Hope in a New Age), for 5 years, from 21 October 2021, at a rent of £32,000 per annum.
Catering unit:
Let to Curtis Catering Limited, for 5 years, from an unspecified date in 2021, at a rent of £7,200 per annum.
The total net rental income is, therefore, £39,200 per annum.
The occupiers may wish to extend their tenancies on new lease terms. Please contact the agents for full details.
| sq ft | sq m | |
|---|---|---|
| Principle building | 6989 | 649.25 |
| Workshops/Store | 785 | 72.91 |
| Catering Unit | 907 | 84.26 |
| Total | 8681.00 | 806.42 |
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