www.siddalljones.com

Excelsior House, Mucklow Hill, , B62 8EP

FOR SALE Freehold Industrial Investment Opportunity Total (GIA) -15,800 ft2 Generating £60,000 per annum

[email protected] T: 0121 638 0500

www.siddalljones.com

Location Tenure

The property enjoys a prominent frontage to the A458 Mucklow Freehold. Hill within close proximity to its junction with the and Bromsgrove Road close to Halesowen Town Centre. Proposal

The immediate area is home to a number of local and national Offers in the region of £800,000 are sought, subject to contract. retailer and businesses including Wikes and B&Q. VAT Communication links are excellent being only 2.5 miles from J3 of the and on a mail bus route into The property has been elected for VAT and therefore VAT will City Centre from Halesowen Bus Station only a few minutes be payable. away. It is intended that the property will be sold as a TOGC. Description Anti-Money Laundering The property comprises a triangular shaped site with large frontage to Mucklow Hill. In accordance with Anti Money Laundering Regulations, two forms of identification and confirmation of the source of The estate comprises a two-storey office building to the front funding will be required from the successful purchaser. and with two industrial units of steel portal frame construction to the rear and side of the estate. Viewings and Further Information

A central driveway provides access through the estate with an Strictly via prior appointment with the sole selling agent exit onto Forge Lane. Siddall Jones on 0121 638 0500

Car parking is situated along the driveway and at the rear of the estate.

Tenancies

Unit 1 – 6,000 ft2 Let to Auto Tyres Ltd on a 15-year lease from October 2020. Reviews at years 3 and 10. Rental: £20,000 pa

Unit 2 – 7,000 ft2 Let to Warrington Robotics Ltd on a 5-year lease from June 2020. Rental: £28,000 pa

Excelsior House – 2,800 ft2 Let to Warrington Robotics Ltd on a 5-year lease from June 2020. Rental: £12,000 pa

Siddall Jones | The Mint | 95 Icknield Street | Birmingham | B18 6RU T: 0121 638 0500

IMPORTANT: we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.