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141 Tat Bank Rd 9,741 sq ft Office Property Oldbury B69 4NH For Sale
Investment Highlights
- Situated in a thriving commercial corridor close to Oldbury and West Bromwich, with strong accessibility to Birmingham only 5 miles away.
- Positioned within 1 mile of M5 J2 and 2 miles of M5 J1, offering excellent regional and national connectivity for distribution, logistics and commerci
- Within walking distance of Langley Green Train Station, providing direct access to Birmingham City Centre and the wider West Midlands rail network.
Executive Summary
Tenure:
The property is held freehold, offered for sale with full ownership of the 0.37-acre gated commercial site.
Rental Structure:
The asset is income-producing, generating a combined net rental income of £39,200 per annum across two lettings:
HIANA (Hope in a New Age): 5-year lease from 21 Oct 2021 at £32,000 p.a.
Curtis Catering Ltd: 5-year lease from 2021 at £7,200 p.a.
Both tenants are in occupation and may seek to extend.
Size:
The property totals 8,681 sq ft (806.42 sq m), made up of:
Principal building: 6,989 sq ft
Workshop/store: 785 sq ft
Catering unit: 907 sq ft
The property is held freehold, offered for sale with full ownership of the 0.37-acre gated commercial site.
Rental Structure:
The asset is income-producing, generating a combined net rental income of £39,200 per annum across two lettings:
HIANA (Hope in a New Age): 5-year lease from 21 Oct 2021 at £32,000 p.a.
Curtis Catering Ltd: 5-year lease from 2021 at £7,200 p.a.
Both tenants are in occupation and may seek to extend.
Size:
The property totals 8,681 sq ft (806.42 sq m), made up of:
Principal building: 6,989 sq ft
Workshop/store: 785 sq ft
Catering unit: 907 sq ft
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Studio / Creative Space
Property Size
9,741 sq ft
Costar Property Class
B
Year Built/Renovated
1920/2014
NOI
£39,200
Tenancy
Single
Number of Floors
2
Typical Floor Size
5,174 sq ft
Plot ratio
0.61
Total Plot Size
0.37 ac
Parking
1 Spaces (0.1 Spaces per 1,000 sq ft Leased)
Amenities
- Security System
- Signage
- Central Heating
- Suspended Ceilings
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141 Tat Bank Rd
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