Peacocks Industrial Estate, Providence Street, Cradley Heath

TO LET - An opportunity to lease a newly refurbished unit (with modern roof covering) situated on a well established trading estate close to Cradley Heath town centre. Gross Internal Floor Area 196.15 sq.m. (2,111 sq.ft.) EPC = D (92)

ACCOMMODATION

WORKSHOP/WAREHOUSE: 22.13m min. x 8.77m (8.72m min.)
Electronically operated roller shutter door, pedestrian door, LED lighting, PVCu double glazed windows.

Incorporating:

ENTRANCE LOBBY

WASHROOM 1

WASHROOM 2

KITCHEN: 2.40m max. (1.44m min.) x 2.96m max. (1.84m min.)

OFFICE: 3.68m x 2.93m

GROSS INTERNAL FLOOR AREA: 196.15 SQ.M. (2,111 SQ.FT.)

OUTSIDE:
Communal estate road with parking availabl on the estate and near the building.

RATING ASSESSMENT :
Rateable Value (from 1st April 2026): £10,500.
Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.

LEASE:
The premises are to be let on lease for a term of six years incorporating a break clause and a rent review at the end of the third year of the term. The Agent has not checked the legal documentation to verify legal status of the property or validity of any guarantees. A tenant must assume the information is incorrect, until it has been verified by their own solicitors.

RENT DEPOSIT:
A rent deposit of £2,000.00 (two thousand pounds) including VAT (£1,666.67 (one thousand six hundred and sixty six pounds and sixty seven pence) excluding VAT) will be held by the landlord for the duration of the lease.

SERVICE CHARGE:
A service charge will be levied to cover the maintenance of the site including estate roads, communal grounds, communal services, site security, related professional charges and management fees. An estimate of the current level of service charge will be provided on request. These charges will be subject to variation and should be confirmed by your legal advisor prior to entering into a lease agreement.

LEGAL COSTS:
On the basis that the tenant enters into a six year lease (with provision for a break clause after three years) each party will be responsible for their own legal costs.

REPAIRING LIABILITY:
Full repairing and insuring basis. The landlord will arrange insurance cover for the property and the tenant will reimburse the cost of the premium on a pro-rata basis on demand.

VAT:
The rent is subject to VAT.

SERVICES AND APPLIANCES:
Mains electricity, water and drainage are connected. There is no gas supply. The Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. The prospective tenant is advised to obtain verification from their Solicitor or Surveyor.

VIEWING:
Strictly by prior appointment via Agents on 0121-422-4011 (option 3, commercial).

IMPORTANT NOTE:
If you are considering entering into a lease for commercial premises, before proceeding we would draw to your attention the existence of the Code for Leasing Business Premises First Edition February 2020 (https://www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf)

This document and its supplemental guide set out the basis on which negotiations of the lease terms should be undertaken.

It is recommended that you obtain your own professional advice with regard to the Code and the proposed lease terms before proceeding.

ANTI-MONEY LAUNDERING REGULATIONS:
In order to comply with Anti-Money Laundering Regulations, any prospective tenant will be required to provide the following:

1. Satisfactory photographic identification.
2. Proof of address/residency.

In the absence of being able to provide appropriate physical copies of the above, Scriven & Co reserves the right to obtain electronic verification of identity.

Satisfactory bank and trade references will also be required.