• Commercial Property Agents
  • 01902 425646

Unit 6, Villiers Trading Estate, Marston Road, Wolverhampton, WV2 4LA

Map Loading Or Not Available

Property Overview

Purchase Price: £360,000
Type: Investment Properties
Tenure: For Sale
Description:

Detailed Information

Location

The property is located off Marston Road on Villiers Trading Estate, just off the A449 Penn Road, a main arterial route serving Wolverhampton City Centre. Alternative access is also offered by way of Sunbeam Street. The property forms part of a long established industrial estate with a variety of local and national operators. Nearby occupiers include Tesco, Screwfix, KFC and Jardine motor dealership.

Description

The mid terrace property is of portal frame construction with full height brick elevations, north light roof with internal insulation. The main access is off Sunbeam Street via an electric roller shutter and single personnel door with a further pedestrian access to the rear via a shared service yard off Marston Road. The unit is predominantly open plan with a brick built mezzanine and staff area to the wetern elevation and W.C. block. The unit benefits from an eaves height of 5.4m, sodium and LED lighting and a floor mounted gas blow heater, externally there is parking for approximately 8 vehicles in an enclosed and shared yard off Sunbeam Street.

N.B - The current occupiers also occupy the adjoining unit (Unit 5) and have made an opening in the dividing wall one bays width.

Accommodation

Warehouse 6,665sq.ft 619.26sq.m

Mezzanine    923sq.ft   85.80sq.m

W.C. block      94sq.ft    8.80sq.m

All areas approximate and measured on a gross internal basis.

Tenure

The property is freehold and sold subject to the existing lease to Breakwells Glass Limited for a term of 7 years from May 2021 at a passing rent of £20,000 per annum, exclusive. There is a rent review and tenant option to determine at the 5th anniversary.

Rates

The current Rateable Value is combined with the adjoining unit at £23,750

EPC

EPC = E - 125 Expiry September 2031

Price

£360,000

VAT

VAT will be charged where appropriate.

Viewing

Strictly via the sole selling agents Michael Tromans & Co LLP

Subject to Contract

JS/SC Nov 22

© 2020 Michael Tromans & Co. | Web Design by Nutcracker

Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and 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 them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.