King Street, Birmingham, B662JP
Category: Industrial
Sale or Let: Sale & Let
Tenure: Long Leasehold
Location
The property is situated fronting King Street within a mixed commercial and residential locality, just off Downing Street in Smethwick.
The property is well situated for easy access to most nearby Midlands Towns having easy access to Junction 1 and Junction 2 of the M5 Motorway at West Bromwich and Oldbury approximately ¼ mile and 2 miles away respectively.
Description
Fronts King Street and comprises a detached factory workshop premises of steel portal framed construction with part brick and part lined vertical asbestos cladding to elevations, concrete floor, overhead sodium lighting, metal roller shutter door the whole of which is surmounted by a pitched roof with corrugated asbestos cladding incorporating fibreglass roof light panels.
Internally, the accommodation comprises workshop, office, stores, canteen and ancillary accommodation.
The property is held on a ground lease which expires in 2043 and
has a ground rent of £5,000 per annum exclusive.
Accommodation
Ground Floor - 3,860 sq ft approx,
First Floor (mezzanine floor) - 575 sq ft approx,
Total (GIA) Floor Area - 4,435 sq ft approx
Guide Price
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£125,000 purchase price
£18,000 per annum
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Location
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