Lot

77

Units 1 and 2 Frederick William Street, Willenhall, West Midlands, WV13 1NE

Property Enquiries

Mat Harris

mat.harris@bidx1.com
+44 (0) 20 3929 8291

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Chris Grey

chris.grey@penningtons.co.uk
+44 (0) 20 7457 3000

Description

Map

Viewings


Property Summary
  • Freehold industrial investment
  • Let for 10 years to Pre-Hospital Advanced Care Team Ltd
  • RPI/OMV linked rent reviews (whichever is the greater)
  • Totalling about 166.48 sq m (1,792 sq ft)
  • Producing £13,260 per annum
Tenure

Freehold

Location

Willenhall lies in the West Midlands about 13 miles north west of Birmingham, 4 miles east of Wolverhampton and 1 mile west of junction 10 of the M6 motorway, which can be accessed via the A454 (The Keyway). Frederick William Street lies to the east of the town centre, with the property lying on the north side of the street in a mainly industrial location.

Description

Two adjoining industrial units totalling about 166.48 sq m (1,792 sq ft) of modern construction. The end of terrace and mid terrace units form part of a small industrial state of 6 units. There is car parking for 4 - 6 cars. The estate is located in an industrial area.

Accommodation
ADDRESS TENANT SIZE RENT LEASE RENT REVIEWS RENT £PSF
1 & 2 Frederick William Street Pre-Hospital Advanced Care Team Ltd 166.48 sq m (1,792 sq ft) £13,260 pa 10 years from 01/07/2018 3 yearly £7.40

The floor areas have been provided by the vendor

Tenancy

Within the legal pack the vendor has provided comparable rental evidence, that they feel supports the rental level for this property. Prospective buyers should make their own enquiries.

Tenant Information

The Pre-Hospital Advanced Care team is a Partnership of four clinicians with a background in paramedicine. Having worked for many years on frontline ambulances and now progressed into specialist roles within the NHS; PACT Directors saw a need in the event medicine world to bring hospital level care to the site and for a better model of primary care provision.

Planning

Walsall Council (01922 652677) www.walsall.gov.uk/planning

VAT
Please refer to Legal Documents
EPC

Rating 116 Band E


No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.