Entirely let to Secretary of State for Communities and Local Government (t/a Job Centre) on a renewed lease
Prominent position in town centre location
Approximately 1,232.03 sq m (13,262 sq ft) with excellent parking
Nearby occupiers include Taxwise Ltd, WH Law LLP and Met UK Ltd
Adjoining building sold to Talbots Solicitors for own occupation
Six Week Completion Period Available
Lot 9
Auction 14th February 2013
Rent £82,500 per Annum Exclusive
Status Sold
Price £710,000
Sector Office
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
On the instructions of Julian Clarke acting as LPA Receiver
Property Information
Location
Miles
7 miles south-east of Wolverhampton, 10 miles west of Birmingham, 20 miles south-west of Sutton Coldfield
Roads
B4176, A461, A4123, M5 (Junction 2)
Rail
Dudley Port (16 mins direct to Birmingham)
Air
Birmingham International Airport
Situation
The property is situated in a prominent position on Wolverhampton Street (B4176) approximately 320 metres from High Street, Dudley’s prime retail thoroughfare. Wolverhampton Street is the main road running in a north-westerly direction from the town centre.
Tenure
Freehold.
Location
Miles
7 miles south-east of Wolverhampton, 10 miles west of Birmingham, 20 miles south-west of Sutton Coldfield
Roads
B4176, A461, A4123, M5 (Junction 2)
Rail
Dudley Port (16 mins direct to Birmingham)
Air
Birmingham International Airport
Situation
The property is situated in a prominent position on Wolverhampton Street (B4176) approximately 320 metres from High Street, Dudley’s prime retail thoroughfare. Wolverhampton Street is the main road running in a north-westerly direction from the town centre.
Tenure
Freehold.
Description
The property, which is used as a Job Centre, comprises a three storey office building which provides a public office on the ground floor and 2 floors of open plan office accommodation above benefiting from perimeter trunking and suspended ceilings. The property also benefits from parking for some 27 cars to the side and rear accessed via Gads Lane.
Note
This property is being marketed for sale on behalf of the Law of Property Act Receiver. The LPA Receiver is not bound to accept the highest or any offer and is acting without personal liability and therefore no warranties or guarantees in any respect including VAT can be given.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, which is used as a Job Centre, comprises a three storey office building which provides a public office on the ground floor and 2 floors of open plan office accommodation above benefiting from perimeter trunking and suspended ceilings. The property also benefits from parking for some 27 cars to the side and rear accessed via Gads Lane.
Note
This property is being marketed for sale on behalf of the Law of Property Act Receiver. The LPA Receiver is not bound to accept the highest or any offer and is acting without personal liability and therefore no warranties or guarantees in any respect including VAT can be given.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First Second
Office Office Office
400.75 sq m 412.02 sq m 419.20 sq m
(4,314 sq ft) (4,435 sq ft) (4,513 sq ft)
SECRETARY OF STATE FOR COMMUNITIES AND LOCAL GOVERNMENT (t/a Job Centre) (1)
7 years & 4 months from 31/12/2010 on a full repairing and insuring lease
