Investment, For Sale

Unit 4, 99a North Street, Bridtgtown, Staffs, WS11 0AZ.

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Details

Property reference:
CA/BP/1995/KMC

Address:
Unit 4, 99a North Street, Bridtgtown, Staffs, WS11 0AZ.

Location:
The property is situated just off North Street in the Bridgtown area of Cannock, approximately 1 mile south of the town centre. Bridgtown itself has various local amenities and access to the A5 and T7 of the M6 Toll Road is barely 2 minutes drive away at Churchbridge. Junctions 11 & 12 of the M6 motorway are approximately 2.5 & 3.5 miles away respectively.

Description:
The property comprises an end terraced industrial unit built around 1970 with office and toilet facilities and a concreted forecourt and small yard to the side. It is currently tenanted with the tenant holding over under a previous lease at a rent of £10,800 per annum exclusive.

Detailed Specification

  • Size: 2,750 sq ft (255.5 sq m)
  • Price/ Rent: Offers around £125,000 for the freehold, subject to the lease in place.
  • Accommodation:

    All measurements are approximate:

    Entrance Hall

    Office

    Toilets

    Main Unit having roller shutter door.  Kitchen area & toilet 60ft 6ins x 45ft 6ins (18.4m x 13.9m) 

    Gross Internal Area 2,750 sq ft (255.5 sq m)

    Outside

    Side yard and forecourt

  • Planning: We understand all mains water, electricity and drainage are available.
  • Local authority: Cannock Chase Council Tel: 01543 462621.
  • Tenancy: The property is held on a 6 year full repairing and insuring lease, subject to a Schedule of Condition, from 1st October, 2003 at a rent of £10,800 per annum exclusive. The tenant is holding over under the lease under the Landlord & Tenant Act 1954.
  • Viewing: Strictly by prior appointment with the Agent's Cannock office.
  • Energy Performance Certificate (E.P.C.): Energy Performance Certificate awaited.
  • V.A.T.: The landlord reserves the right to charge VAT on the above figures as appropriate.
  • Legal Cost: Each party to bear their own legal costs.
  • Rateable Value: £10,250 - Valuation Office.
  • Rates Payable: £5,032.75 - 2019/2020.

Disclaimer: Messrs. Andrew Dixon & Co. (and their joint agents, where applicable) for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that : (1) The particulars are set out as a general outline for the guidance of intending purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. (2) Any information contained herein (whether in the text, plans or photographs etc.) is given in good faith but without responsibility and is believed to be correct. Any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Messrs. Andrew Dixon & Co. has any authority to make or give representation or warranty whatsoever in relation to this property. (4) Whilst every care has been taken to prepare these particulars, we would be grateful if you could inform us of any errors or misleading descriptions found in order that we may correct them in our records.