FOR SALE or TO LET UNIT 6, NAVIGATION DRIVE HURST BUSINESS PARK DUDLEY, DY5 1UT

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1 Jan 13 FOR SALE or TO LET UNIT 6, NAVIGATION DRIVE HURST BUSINESS PARK DUDLEY, DY5 1UT Location The property is located on Navigation Drive within a well established industrial area approximately 3.2 km (2 miles) south west of Dudley town centre and close to the Merry Hill Shopping Complex and The Waterfront Business Park. Hurst Business Park connects with Peartree Lane which provides access to the A4036 Pedmore Road and also to the A461 Dudley Southern By-Pass and A459 Cinderbank/Halesowen Road. Access to the motorway network is gained at Junction 2 of the M5 approximately 8 km (5 miles) to the east whilst Junction 3 is approximately 9.6 km (6 miles) to the south east.

2 Description The property comprises a single storey warehouse unit of steel frame construction having brick/breezeblock walls up to a height of approximately 2.25m (7 6 ) surmounted by profile metal cladding and having a pitched profile metal roof. The eaves height to the underside of haunch is approximately 18ft and there is a solid concrete floor. Conversion work has been carried out to provide a business space unit having a mezzanine floor. The ground floor is fully fitted out as offices with carpeting, suspended ceilings with recessed lighting (some surface mounted strip lighting), perimeter trunking, a gas fired central heating system, kitchen facilities and male, female and disabled toilets. There are a limited number of double glazed powder coated aluminium windows but these may be increased if so required. The mezzanine has a fully carpeted raised floor (with the exception of the main landing area), suspended ceiling with recessed lighting, full air conditioning and male and female toilets. There are no windows at this level but these may be incorporated by the landlords if so required. The premises benefit from an 8 person passenger lift, a fully integrated alarm system including cameras, smoke detectors, and a sprinkler system on the mezzanine floor. All plant and machinery is situated on the ground floor within an unconverted area of the original warehouse and accessed via a single electrically operated roller shutter door. Externally, the site is landscaped and includes a tarmacadam parking and loading area. There is also a 10 high security fence around the whole site. Accommodation The property comprises the following approximate net internal floor areas:- Ground Floor Entrance Hallway: Passenger Lift (8 persons) Lift Motor Room: Sq.M. Sq.Ft. Open Plan Offices: Including:- Staff Room: Office No. 1: Office No. 2: Office No. 3: 134 sq.ft. 181 sq.ft. 181 sq.ft. 179 sq.ft ,187 Stores: Warehouse: First Floor Landing/Stairwell Lift Open Plan Office No. 1: Open Plan Office No. 2: Including: Account s Office: 210 sq.ft ,244 1,490 TOTAL NET INTERNAL AREA: ,116

3 Rating Assessment Information verbally obtained from the local rating authority is as follows:- Rateable Value : 49,500 (Note: Uniform Business Rate from April 2012/2013 = 45.8p in the pound). Interested parties are advised to make their own rating enquiries to Dudley Metropolitan Borough Council ( ) to verify the current rates payable and to establish the position in respect of any appeals and inheritance of any transitional relief which may reduce or increase the rating liability For Sale Offers in the region of 450,000. Lease The premises are available on a new full repairing and insuring lease for a term of years and rent review pattern to be agreed. Rent 45,000 pa Legal Costs Each party shall be responsible for their own legal fees. VAT We understand the property is registered for VAT. VAT will therefore be charged on the sale price, rent, etc. Energy Performance Certificate Attached. Fixtures & Fittings All items in the nature of fixtures and fittings unless previously mentioned in these particulars are specifically excluded from the letting. The agent has not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order, or fit for their purpose. Viewing Strictly by appointment through Michael Johnson & Co. on SUBJECT TO CONTRACT

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7 CONDITIONS UNDER WHICH THESE PARTICULARS ARE ISSUED Michael Johnson & Company for themselves and for the vendors or lessors of this property, whose agents they are, give notice that these particulars are for guidance only and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition and any necessary permissions for use and occupation together with all other details are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely upon them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Michael Johnson & Co. has any authority to make or give any representation or warranty whatsoever in relation to this property. Finance Act 1989 Unless otherwise stated, all prices and rents are exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves as to the incident of VAT in respect of any transaction. Fixtures & Fittings No warranty is given or implied as to the availability, adequacy, condition or effectiveness of any fixtures & fittings. Services We confirm we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items. VAT Unless otherwise stated all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject. Energy Performance Certificate In accordance with Energy Performance of Buildings Regulations 2007 an Energy Performance Certificate will be produced by the landlord/vendor prior to the letting/sale. Anti-Money Laundering Legislation The Money Laundering Regulations require us to formally identify parties to a transaction. Interested parties will be required to provide proof of identity and address, normally a photo-card, driving licence or passport and recent utility bill. Commercial Lease Code The Code of Practice on Commercial Leases in England and Wales recommends that you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. Tenure Michael Johnson & Co. have not had the opportunity to inspect any title documentation and intending purchasers or tenants should verify information through their legal advisor. Rates/Water Rates Verbal enquiries only have been made and interested parties are advised to verify figures direct with the appropriate authority.