8B Reddicap, Trading Estate, Sutton Coldfield, B75 7BU

Property Description

DESCRIPTION The premises are located at the top of the estateroad fronting a driveway shared by twoneighbouring units. The property has facingbrickwork and flat and pitched roofs. To the frontare two-storey offices with central heating and theunit has side loading via a roller shutter. WCfacilities within the unit and further WC’s andkitchen within the offices. Minimum eaves to theworkshop approximately 3.35m.

TENANCY OVERVIEWCurrently the property is let to Johnsons CarsLimited with a passing rent is £24,000 per annum.The Tenant has exercised their break clause andwill vacate the premises on the 18th June 2024,after which the property will be vacant. Additional information can be provided uponrequest.

LOCATION The subject property is located at the top of theReddicap Trading Estate main road, fronting adriveway which is shared by two neighbouringunits. The Reddicap Trading Estate is a well-established industrial area in Sutton Coldfield. Theproperty benefits from excellent access to the A38and M6 motorways. The estate is close to SuttonColdfield town centre, providing nearby amenities.Neighbouring properties are a mix of industrial,storage, and office premises, making it a practicallocation for commercial operations.

SIZE:

Ground Floor: 4,132.90 Sq FT/ 383.96 Sq M

Office: 453.05 Sq FT/ 42.09 Sq M

Store: 147.90 Sq FT/ 13.74 Sq M

Warehouse: 3,532.00 Sq FT/ 328.13 Sq M

First Floor: 867.89 Sq FT/ 80.63 Sq M

Office: 867.89 Sq FT/ 80.63 Sq M

Total Area = 5000.80 Sq FT/ 464.59 Sq M

PRICE
£300,000 (Three Hundred Thousand Pounds)

TERMS
The property is offered for sale subject to the terms of the existing lease where the tenant remains in occupation.

Please note the tenants have exercised their break clause and have given notice to terminate the lease on the 18th June 2025. Following which the property will be vacant.

BUSINESS RATES
The Rateable Value is £25,250 obtained from the Valuation Office Rating List. Interested parties should check the Rateable Value with the local authority Birmingham City Council for verification purposes.

VAT
All prices quoted are exclusive of VAT which we understand is applicable and payable in addition.

LEGAL COSTS
Each party is to bear their own legal costs in relation to this property

EPC
Energy Performance Certificate rating C (71) - Certificate Valid until 1st March 2033.

ANTI MONEY LAUNDERING REGULATIONS
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.

VIEWINGS
Strictly by prior appointment through Agents - AE Commercial. Should you wish to view, please do not hesitate to contact us.

Disclaimer - Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed. If there is any point which is of particular interest to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These particulars do not constitute a contract or part of a contract. All measurements quoted are approximate. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.