Site Known As 1a, 1b And 2, Nason House, Moor Lane, Birmingham, West Midlands, B6

Property Details: • Type: Warehouse • Tenure: FREEHOLD • Floor Area: 23087 sqft

Key Features: • Industrial ground rent investment • Site extends to approx. 0.53 acres (0.21 ha) • Let from and including 21 April 1972 - 22 December 2060 • Approximately 35 years unexpired • Current rent £22,000 per annum • Estimated Rental Value approx. £26,300 per annum • Next rent review is 21 April 2047

Location: • Nearest Station: Witton Station • Distance to Station: 0.8651906581431142 miles

Agent Information: • Address: Interchange Place Edmund Street, Birmingham, B3 2TA

Full Description: <b>Description</b><br /><br />The site extends to approximately 0.53 acres (0.21 ha) and benefits from frontage on Moor Lane.<br /><br />From the completion of the transaction, a restriction will be placed on the title, limiting the use of the site to mirror the use(s) permitted within the headlease (or subsequent agreements). This restriction will last for 10 years and all other uses will be prohibited during this period.<br /><br /><b>Location</b><br /><br />The properties are all located in the Perry Barr area of the city, approximately 3.5 miles north of the city centre. The site is situated either on, or adjacent to Moor Lane, which is an area characterised by industrial uses.