Approximately 1,306.58 sq m (14,064 sq ft) of modern office space
On-site car parking for approximately 48 cars
Located in established commercial area
Tenant also in occupation of adjacent property
Nearby occupiers include Ansell Healthcare, Dulux, AAC Plastics and Nationwide Crash Repair Centre
Six Week Completion
Lot 39
Auction 23rd May 2013
Rent £155,325 per Annum Exclusive
Status Sold Post
Price
Sector Office
Auction Venue The Dorchester Hotel Park Lane Entrance Mayfair London W1K 1QA
Property Information
Location
Miles
17 miles north-east of Birmingham
29 miles west of Leicester
36 miles south-west of Nottingham
Roads
A51, A513, M6, M42
Rail
Tamworth Rail
Air
Birmingham Airport
Situation
The property is situated in a corner position on the northern side of Mariner at its junction with Kepler within Lichfield Road Industrial Estate and approximately 1.5 miles west of the town centre within close proximity of the M42 and M6 motorways. Nearby occupiers include Ansell Healthcare, Dulux, AAC Plastics and Nationwide Crash Repair Centre.
Tenure
Freehold.
Location
Miles
17 miles north-east of Birmingham
29 miles west of Leicester
36 miles south-west of Nottingham
Roads
A51, A513, M6, M42
Rail
Tamworth Rail
Air
Birmingham Airport
Situation
The property is situated in a corner position on the northern side of Mariner at its junction with Kepler within Lichfield Road Industrial Estate and approximately 1.5 miles west of the town centre within close proximity of the M42 and M6 motorways. Nearby occupiers include Ansell Healthcare, Dulux, AAC Plastics and Nationwide Crash Repair Centre.
Tenure
Freehold.
Description
The property comprises four office units arranged over ground and first floors.
The property benefits from on-site parking to the front and rear providing spaces for approximately 48 cars.
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 comprises four office units arranged over ground and first floors.
The property benefits from on-site parking to the front and rear providing spaces for approximately 48 cars.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
1
Ground First
Office Office
181.63 sq m 197.42 sq m
(1,955 sq ft) (2,125 sq ft)
MITIE TECHNICAL FACILITIES MANAGEMENT LIMITED (1)
5 years from 02/08/2012
£19,000
01/08/2017
2
Ground First
Office Office
82.52 sq m 83.55 sq m
(888 sq ft) (899 sq ft)
MITIE SHARED SERVICES LIMITED (1)
5 years from 02/08/2012
£37,875
01/08/2017
3
Ground First
Office Office
165.05 sq m 164.71 sq m
(1,777 sq ft) (1,773 sq ft)
MITIE TECHNICAL FACILITIES MANAGEMENT LIMITED (1)
5 years from 02/08/2012
£45,500
01/08/2017
5
Ground First
Office Office
216.17 sq m 215.53 sq m
(2,327 sq ft) (2,320 sq ft)
MITIE BUILT ENVIRONMENT LIMITED (1)
5 years from 02/08/2012
£52,950
01/08/2017
Totals
1,306.58 sq m
(14,064 sq ft)
£155,325
(1) All the tenants are subsidiary companies of Mitie Group plc. MITIE (Management Incentive Through Investment Equity) specialise in strategic outsourcing and energy services. They have revenues in excess of £2bn and were one of only two FTSE 250 companies to have grown earnings per share for over 25 consecutive years. (Source: www.mitie.com 16/04/2013)
