Graingers Lane, Cradley Heath, West Midlands, B64
Annual Rent of £5,500
Office for rent: Graingers Lane, Cradley Heath, West Midlands, B64
Annual Rent of £5,500
Monday 01 February 2021
TO LET ON LEASE - A light industrial unit on small trading estate with parking space for one vehicle. EPC = E (107)
Gross Internal Floor Area: 75.30 sq.m. (810 sq.ft.) or thereabouts.
UNIT: 6.67m average x 11.29m average
With two UPVC framed double glazed doors, roller shutter inner door with side pedestrian door manually operated, shared meter cupboard.
KITCHEN: 1.59m x 1.48m (5' 2" x 4' 10")
With stainless steel single drainer sink with cupboards beneath, electric water heater beneath, work surface and wall cupboard.
Inner door to:
With wash hand basin.
With low level flush.
(Note: The tenants of the units nos. 6, 3, 4, 1 and 5 in the same building will require access from time-to-time to read electric meters located at the rear of Unit 2).
Mains electric and water are available. The Agent has not tested any apparatus, equipment, fixtures, fittings or services and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect.
Rateable Value (2017 List): £2,700 (Workshop 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 enquires.
The in-going tenant will be responsible for the landlord's legal fees amouting to approximately £750.00 plus VAT.
To be let on an internal repairing 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.
All figures quoted are exclusive of VAT where applicable.
Through Agents Scriven & Co. Commercial on 0121 422 4011.
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.
Tel: 01202 474202