Alexander House 32 Wolverhampton Street Dudley Birmingham DY1 1JR

Alexander House
32 Wolverhampton Street
Dudley
Birmingham
DY1 1JR

Freehold Office Investment

Entirely let to Secretary of State for Communities and Local Government (t/a Job Centre) on a renewed lease
Prominent position in town centre location
Approximately 1,232.03 sq m (13,262 sq ft) with excellent parking
Nearby occupiers include Taxwise Ltd, WH Law LLP and Met UK Ltd
Adjoining building sold to Talbots Solicitors for own occupation
Six Week Completion Period Available

Lot
9
Auction
14th February 2013
Rent
£82,500 per Annum Exclusive
Status
Sold
Price
£710,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On the instructions of Julian Clarke acting as LPA Receiver

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Freehold Office Investment

Entirely let to Secretary of State for Communities and Local Government (t/a Job Centre) on a renewed lease
Prominent position in town centre location
Approximately 1,232.03 sq m (13,262 sq ft) with excellent parking
Nearby occupiers include Taxwise Ltd, WH Law LLP and Met UK Ltd
Adjoining building sold to Talbots Solicitors for own occupation
Six Week Completion Period Available

Lot 9
Auction 14th February 2013
Rent £82,500 per Annum Exclusive
Status Sold
Price £710,000
Sector
Office
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On the instructions of Julian Clarke acting as LPA Receiver

Property Information

Location

Miles: 7 miles south-east of Wolverhampton, 10 miles west of Birmingham, 20 miles south-west of Sutton Coldfield
Roads: B4176, A461, A4123, M5 (Junction 2)
Rail: Dudley Port (16 mins direct to Birmingham)
Air: Birmingham International Airport

Situation

The property is situated in a prominent position on Wolverhampton Street (B4176) approximately 320 metres from High Street, Dudley’s prime retail thoroughfare. Wolverhampton Street is the main road running in a north-westerly direction from the town centre.

Tenure

Freehold.

Location

Miles: 7 miles south-east of Wolverhampton, 10 miles west of Birmingham, 20 miles south-west of Sutton Coldfield
Roads: B4176, A461, A4123, M5 (Junction 2)
Rail: Dudley Port (16 mins direct to Birmingham)
Air: Birmingham International Airport

Situation

Tenure

Freehold.

Description

The property, which is used as a Job Centre, comprises a three storey office building which provides a public office on the ground floor and 2 floors of open plan office accommodation above benefiting from perimeter trunking and suspended ceilings. The property also benefits from parking for some 27 cars to the side and rear accessed via Gads Lane.

Note
This property is being marketed for sale on behalf of the Law of Property Act Receiver. The LPA Receiver is not bound to accept the highest or any offer and is acting without personal liability and therefore no warranties or guarantees in any respect including VAT can be given.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground First Second	Office Office Office	400.75 sq m 412.02 sq m 419.20 sq m	(4,314 sq ft) (4,435 sq ft) (4,513 sq ft)	SECRETARY OF STATE FOR COMMUNITIES AND LOCAL GOVERNMENT (t/a Job Centre) (1)	7 years & 4 months from 31/12/2010 on a full repairing and insuring lease	£82,500	01/04/2018
Totals		1,232.03 sq m	(13,262 sq ft)			£82,500