Property Type | Industrial / Warehouse |
Tenure | For Sale |
Size | 4,815 sq ft |
Price | Offers in the region of £400,000 |
Rates Payable | Upon Enquiry |
The property comprises two adjoined single-storey industrial units, featuring part brick and part clad elevations beneath a clad roof.
The property benefits from dedicated loading areas and convenient access points. Internally, the space is arranged to accommodate a range of operational needs, including office areas, warehouse/storage space, food preparation zones, and cold store facilities.
Strategically located within Plant Lane Business Park, just off Cannock Road to the west of Burntwood, the property benefits from excellent transport connectivity. Situated just north of the M6 Toll, it also enjoys easy access to key arterial routes including the A5, A51, A38, and A460, making it an ideal base for distribution and logistics operations across the Midlands.
The location provides efficient links to several major conurbations: Birmingham City Centre is approximately 23 miles to the south, Stafford 15 miles to the north, and Wolverhampton 13 miles to the southwest. The surrounding area features a mix of commercial and residential developments, creating a supportive and well-established business environment.
The property is let in its entirety to Snackaway Limited (Company No. 05880783, incorporated July 2006) on a sale and leaseback arrangement for a term of 10 years from the date of completion. The Lease is granted without break options and at an initial rent of £39,000 per annum, rising to £42,000 per annum after the first five years, fixed for the remainder of the term.
The Tenant is to occupy the property on a Full Repairing and Insuring (FRI) Lease, which is contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954.
We are instructed to seek offers in the region of £400,000 (Four Hundred Thousand Pounds), subject to contract.
The property is held Long Leasehold with circa 980 years remaining.
Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.
Available upon request from the agent.
The successful applicant will be required to provide two forms of ID to satisfy anti-money laundering protocols.
The property is available immediately upon completion of legal formalities.
Strictly via prior appointment with Siddall Jones.