Lakeside House, 58A Arthur Street, Redditch, Lakeside, Redditch, Worcestershire, B98 8JY

Features

• Modern Offices Investment
• Flexible Accommodation
• 4,085 SQ FT GIA
• Virtually Fully Let
• Current Income £42,500 Gross (Potential ERV £55,750 Gross)
• Parking

Description

Arthur Street is an established commercial location where the majority of neighbouring properties are factories, showrooms and offices. There is a convenient frequent public transport system and a good supply of local labour.

Lakeside House is substantially built in rendered red brick beneath a flat bituminous felt roof. The building has undergone full refurbishment, with finishes to a high standard, including double-glazed uPVC windows; suspended fissure-tiled ceiling with inset fluorescent lighting; metal radiators connected to gas-fired central heating boiler; three-ay perimeter trunking; carpet tiles throughout; separate male and female WCs and Kitchenette.

There is a Forecourt approached direct from Arthur Street to accommodate some 4-5 cars and a large hard-surfaced communal car park to the rear. It is partitioned at present to provide various suites, male and female WCs and kitchenette.

The total Gross Floor Area is 4,085 sq ft split over nine Offices.

Tenure

Freehold subject to Tenancies below:

Suite 1&2 – available

Suites 3&4 – Let to Kingfisher Care

Suite 5&6 – Let to Third Party Solutions

Suite 7 – Let to Flash Fire & Security

Suite 8 – Let to BDA Management

Please contact us for full lease and rent details

All rents are inclusive of utilities and other outgoings, save for telephones.

Purchase Price

£400,000

Rateable Value

All Offices are separately rated but under the threshold for void rates for qualifying tenants.

Services

All mains services are connected.

Legal Fees

Each party to bear their own Fees.

Viewing

Strictly by appointment with our Reception – 01527 584242.