Reliance Trading Estate, Chestom Road, Bilston, WV14 0RD

Overview

Description

Location

The property comprises a range of factory bays of varying design and construction as well as an area of open land, which is fronted by a double gated access. The front of the property incorporates a selection of industrial, warehouse space and offices to the Livingstone Road frontage. The offices are generally fitted out and decorated to a good standard comprising of a range of individual offices, male and female staff lavatories and kitchen. The industrial units, which are a combination of brick and concrete construction with some parts over-clad, feature roller shutter access, three phase electricity, mains gas, and eaves heights of 3m. The roof differs on each building from asbestos sheets with intermittent roof lights, to insulated profile sheeting, to concrete. The warehouse units also include additional W/C & kitchen facilities. Externally the property benefits from generous amounts of concreted land, which is utilised to provide car parking and outside storage.

Summary

Key points

Multi let factory bays of varying sizes together with offices
Freehold subject to the occupational leases
Let to 9 individual tenants generating a passing rent of £147,211 per annum reflecting a low average rental rate of £3.26 psf
Accommodation ranging from 3,000 - 11,000 sq ft
Within driving distance of M5, M6 & M42 motorways
Total Site area of 1.5 acres with ample parking