Unit 38/38A, Sapcote Trading Estate, Powke Lane, Cradley Heath, West Midlands, B64 5QX

Features

• Popular Location
• Current Rental Income £12,600
• 1,154 SQ FT GIA
• Freehold
• Multi-let Investment
• Fenced and Gated Yard

Location

The Properties are conveniently located on the popular Sapcote Trading Estate and are accessed via a section of private road which leads to Powke Lane. Road links are excellent with Junction 2 of the M5 motorway being approximately 2.5 miles to the east.

Description

The Units are configured as follows:-

Unit 38 – Mid terraced two storey unit with Workshop/Warehouse space to the ground floor and further Storage/Office accommodation to the first floor. Let at a rent of £450 pcm on a Rolling Tenancy. The Gross Internal Area (GIA) extends to approximately 1,154 sq ft (107 sq m).

Unit 38A – Workshop / Warehouse with WC to first floor. Let on a 3 year Lease from 11/12/23 at a Rent of £7,200 per annum. The Gross Internal Area (GIA) is 873 sq ft (81 sqm).

Externally, the Property benefits from a fenced and gated hard surfaced Yard providing access to the roller shutter loading doors and parking/external storage.

Asking Price

£160,000

Rateable Values

38A - £5,100
38 - £4,850

Tenure

Freehold

Unit 38A - Let at an annual rent of £7,200
Unit 38 - Let at an annual rent of £5,400

Services

We understand that all mains services are connected save for gas.

EPC

TBC

Viewing

Strictly by appointment with our Reception on 01527 584242.