Property Information
Address:
Engine Street/St. Martins Industrial Estate, Oldbury B69 4NL
, B69 4NL
Price: Property no longer available.
Size: SOA
Primary Category: Industrial
All Categories:
Warehouse, Industrial,
Property Ref/Movehut: MH623734
Property Ref/Agent: engine-streetst-martins-industrial-estate-oldbury-b69-4nl2391
*Please use the agent ref when calling the agent directly.
Property description
Purchase Price:
£1.7 Million
Type:
Industrial / Warehouse
Size:
43,522 sq. ft on
1.72 acres
Tenure:
For Sale
Description:
Contact:
Mark Shephard - 1
Detailed Information
Location
The property is prominently located on the corner of Engine Street and Tat Bank Road. Engine Street is a cul-de-sac. The property backs onto the Oldbury Locks of the Tat Bank Canal.
The property lies within a predominately industrial area within 1/2 mile of Oldbury Town Centre. Junction 2 of the M5 motorway is approximately 1 mile distant.
Description
Engine Street
A refurbished/recently extended industrial complex consisting of 4 industrial bays and two storey offices.
The offices are of a high specification with a mixture of cellular and open plan accommodation. There is central heating throughout and partial air conditioning.
The industrial bays are of various ages and types of construction ranging from light steel truss to steel portal frame. The working heights range between approximately 4.1 metres to 5 metres. One of the bays has full length craneage up to approximately 5 tonnes. Access is gained via various electrically operated roller shutter doors.
There is a substantial yard and car parking area to the front and the whole site is secured to the perimeter by palisade fencing.
The complex is covered by an intruder alarm system and CCTV.
Units 1-5 St Martins Industrial Estate
Consists of a range of self-contained small units of various ages and types of construction that have their own access points and demised parking area.
A tenancy schedule and site plan is attached.
Accommodation (G.I.A) approx -Engine Street
SQ M
SQ FT
Office Building 288 3,100
Foundry (Unit 1) 865 9,313
Foundry Extension (Unit 2) 571 6,144
Brass Shop (Unit 3) 257 2,761
Compressor House/Store 67 722
25 Engine Street (Unit 4) 590 6,354
_____ _______
Total 2,657 28,595
_____ _______
Total Site Area (Engine Street and St Martins)
1.72 acres (0.69 hectares)
Tenure
Engine Street is available freehold with vacant posession.
St. Martins Industrial Estate is available freehold with the benefit of the leases/rental income.
Rating Assessment
Engine Street 2017 Rateable Value
Works and Premises - £54,000
St. Martins Industrial Estate 2017 Rateable Value
Unit 1/1A £13,750
Unit 2 £6,000
Unit 3 £4,350
Unit 4 £8,600
Unit 5 £4,050
Purchase Price
£1.7 million.
Energy Performance Certificates
Available upon request.
Services
We understand that all main services are connected to the properties.
Money Laundering
The money laundering regulations require identification checks are undertaken for all parties purchasing/leasing property. Before a business relationship can be formed we will request proof of identification for the purchasing/leasing entity.
Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.
V.A.T.
All prices quoted are exclusive of VAT, which may be chargeable.
Viewing
Strictly via the joint agents
Sellers
Mark Shephard
Mark S
9
and
Harris Lamb
Charles D'Auncey
6
Download Schedule
Download Site Plan
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