Hexagon Commercial Property - Ref: 56231

The subject property comprises a detached industrial and logistics warehouse building together with integral two storey office facilities situated to the southern elevation of the unit along with associated parking and loading areas. The property was originally built in May 1991 with a new extension constructed to the eastern elevation of the site with practical completion in January 2022. Internally, the original warehouse area has a minimum eaves height of approximately 11m rising to 12.35m in the modern extension. The industrial warehouse area is of steel portal frame construction, with solid concrete floor and profile sheet metal clad roof, incorporating approximately 15% translucent roof lights. The elevations are of brickwork construction to the height of approximately 2.25m with profile metal sheet cladding panels above. The warehouse space is currently racked, which can be included with the building. There is potential for the manufacturing area to be racked, providing
Warehouse - 51,963 Sq Ft Ground and First Floor Offices - 8,168 Sq Ft Total - 60,131 Sq Ft
The subject property lies within a predominantly industrial area and forms part of a large industrial estate centred on Narrowboat Way and Peartree Lane. The property is situated on the western side of Narrowboat Way with Two Locks and The Moorings forming its south and northern boundaries respectively. Access is provided to the A4036 (Pedmore Road) via Hurst Lane approximately 200 metres to the south of the property. Nearby occupiers include Fibercill, Colliers, Page 3 of 19, PTS, Edmundson Electrical, Alloy Wire International and Woodall Fastening Systems, amongst others. Dudley, which has a population of approximately 200,000, is a mixed commercial and residential town forming part of the West Midlands conurbation. It is situated approximately eight miles west of central Birmingham, six miles south of Wolverhampton, 12 miles north-east of Kidderminster and 130 miles north-west of London.
Leasehold
Rateable Value - £239,000 Rates Payable - £119,261 approx. Any interested parties are to make their own enquiries with Dudley Council pertaining to the business rates for the property.
The property is to be let by way of a new lease on terms to be agreed. The quoting rent is available upon application. All figures quoted are exclusive of VAT. In the normal manner, each party will be responsible for their own legal costs incurred.