MW PROPERTIES (NO 53) LIMITED

Syndicate Type: Income & Geared
Asset Type: Warehouse
Property Address: Sytner Body Shop, Brades Road, Oldbury

TENANT INFORMATION

Tenant: Ryland Properties Ltd
Break Option: 27/09/2022
Lease Expiry: 26/09/2042
Passing rent: £209,310

LOCATION

The property is prominently located at the southern end of Brades Road approximately 0.3 miles to the west of Oldbury town centre. West Bromwich lies approximately 1.3 miles to the east of the property whilst Birmingham is located 7 miles to the southeast.

Brades Road is situated in an established commercial location; to the north of the property is Pearsall Drive Industrial Estate where the principal occupier is DHL. Other notable occupiers in the vicinity incude Sheffield Insulations and Wellman Health Products.

PROPERTY DESCRIPTION

The property, which was constructed in 2007, provides approximately 1,870 sq m (20,125 sq ft) of self-contained, industrial accommodation with a tarmacadam car park to the front and rear. The site is fully enclosed by steel palisade fencing.The external elevations are brick built in part to a height of approximately 2 metres with metal, profile sheet cladding above. The pitched roof is typical of its kind, being of steel portal framed construction incorporating ‘mansafe’ roof lights. Internally, the accommodation has been fitted out to a high specification by the tenant.