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Warehouse With Office & Side Yard, Unit 1, Station Road, Northfield, B31 3TE

3,700 Sq Ft / Industrial / Warehouse

Let - Last updated: 16 November 2020

The unit has access to the side via a sliding concertina workshop door with parking to the side of the unit and the front. The main workshop/warehouse area is L shaped with a concrete floor, roof lights, florescent tube lighting three phase electric supply. Off the main L shaped warehouse area are: a toilet area, an office room with its own front door, a further small office with a window to the front elevation, a large trade counter room with concertina doors to the front allowing its own separate access and access to the utility cupboard. Previous tenants have had mezzanine floor (now removed) so eaves heights will allow ample room for this if required. The building has the benefit of a new roof covering fitted in 2019.

Location

Located on Station Road, Northfield next to the steps to the Train Station entrance. The property is easily accessible to Birmingham City Centre and the M42 motorway at junction 2 (Hopwood services). 

Accommodation

Gross Internal Area (GIA) is 3,800 sq ft (353.03 sq m).

Terms

Price: £16,660 per annum.
 
Tenure: New lease available.
 
Service Charge: The tenant will pay a fair and proper contribution towards up keep of the common areas, amount to be confirmed.
 
Rateable Value: £14,000 source: www.voa.gov.uk.
 
Rates Payable: The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £12,000 or less, small businesses may be entitled to 100% rates relief 
providing the property is their only business premises. Any interested applicants should contant the local authority and verify the multiplier and check if any rates relief is available for their business.
 
Insurance: Standard commercial terms are that the landlord insures the building and the tenant pays the landlord the cost of the buildings insurance annually. The tenant will be responsible for insuring their own stock, content and liabilities.
 
Legal Costs & Holding Deposit: Each party pays their own legal costs. The landlord may request a holding deposit of £1000 once terms are agreed this will be deducted off the first payment of rent.
 
Deposit: The landlord may ask the tenant to provide a deposit, this is typically the equivalent of three months worth of rent but could change and is subject of the tenant.s financial status.
 
VAT: Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
 
EPC:The Energy Performance Rating of the property is = E.  A full copy of this report is available from the agent.s office upon request. 

Specification

  • 3,700 sq ft (343.74 m2)
  • Warehouse & Offices
  • Retail, Trade & Warehousing
  • Parking & Side Yard
  • Next to Main Line Station
  • £16,660 pa + VAT 


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