Industrial Development for rent: Graingers Lane, Cradley Heath, B64


Reference: 37196_MSQ210452_L

Available From:

Friday 14 January 2022

Description

To Let - A modern industrial/warehouse unit on a small trading estate with allocated off-road parking. Gross internal floor area: 104.25 sq.m. (1122 sq.ft.) (Motor repair use will not be considered). EPC (D) 85 Valid until 03/04/2026.

PROPERTY DESCRIPTION
ACCOMMODATION

FACTORY/WAREHOUSE: 9.05m x 11.52m
The building is of a steel frame construction and having brickwork and blockwork walls and profile metal cladding. It has a pitched profile sheet roof incorporating roof lights. There is suspended lighting, a manual roller shutter door and a pedestrian door.

Incorporating:

KITCHEN: 1.77m x 1.75m

WASHROOM:

TOTAL GROSS INTERNAL FLOOR AREA: 104.25 SQ.M. (1124 SQ.FT.) overall.

OUTSIDE:
There is parking outside the property.

RATING ASSESSMENT
Rateable Value (2017 List): £5,800 (Warehouse and Premises). Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.

LEASE
To be let on an internal repairing and insuring lease. The tenant to reimburse the cost of insuring the building. Length of lease by negotiation.

The Agent has not checked the legal documentation to verify legal status of the property or validity of any guarantee. A tenant must assume the information is incorrect, until it has been verified by their own solicitors.

LEGAL COSTS
The in-going tenant will be responsible for a contribution of £500.00 (five hundred pounds) plus VAT towards the landlord's legal costs.

VAT:
All figures are exclusive of VAT where applicable.

SERVICES AND APPLIANCES:
Mains water, electricity and drainage are available. The Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. This information must be verified to the in-going tenant's satisfaction.

VIEWING:
Strictly by prior appointment via Agents who will accompany prospective purchasers around the property.

IMPORTANT NOTE
If you are considering entering into a lease for commercial premises, before proceeding we would draw to your attention the existence of the Code for Leasing Business Premises First Edition February 2020 (https://www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf) This document and its supplemental guide sets out the basis on which negotiations of the lease terms should be undertaken. It is recommended that you obtain your own professional advice with regard to the Code and the proposed lease terms before proceeding.

MONEY LAUNDERING REGULATIONS
As a condition of any letting the in-going tenant will be required to provide satisfactory proof of address and identity to satisfy Money Laundering Regulations and satisfactory bank and trade references.

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Reference: 37196_MSQ210452_L

Contact Agent

Scriven & Co
Tel: 0121 422 4011