Meltex House, Units 1, 2, 3 & 5, Kepler Lichfield Road Industrial Estate Tamworth Staffordshire B79 7XE

Meltex House, Units 1, 2, 3 & 5, Kepler
Lichfield Road Industrial Estate
Tamworth
Staffordshire
B79 7XE

Freehold Office Investment

Approximately 1,306.58 sq m (14,064 sq ft) of modern office space
On-site car parking for approximately 48 cars
Located in established commercial area
Tenant also in occupation of adjacent property
Nearby occupiers include Ansell Healthcare, Dulux, AAC Plastics and Nationwide Crash Repair Centre
Six Week Completion

Lot
39
Auction
23rd May 2013
Rent
£155,325 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA

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Freehold Office Investment

Approximately 1,306.58 sq m (14,064 sq ft) of modern office space
On-site car parking for approximately 48 cars
Located in established commercial area
Tenant also in occupation of adjacent property
Nearby occupiers include Ansell Healthcare, Dulux, AAC Plastics and Nationwide Crash Repair Centre
Six Week Completion

Lot 39
Auction 23rd May 2013
Rent £155,325 per Annum Exclusive
Status Sold Post
Price
Sector
Office
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA

Property Information

Location

Miles: 17 miles north-east of Birmingham; 29 miles west of Leicester; 36 miles south-west of Nottingham
Roads: A51, A513, M6, M42
Rail: Tamworth Rail
Air: Birmingham Airport

Situation

The property is situated in a corner position on the northern side of Mariner at its junction with Kepler within Lichfield Road Industrial Estate and approximately 1.5 miles west of the town centre within close proximity of the M42 and M6 motorways. Nearby occupiers include Ansell Healthcare, Dulux, AAC Plastics and Nationwide Crash Repair Centre.

Tenure

Freehold.

Location

Miles: 17 miles north-east of Birmingham; 29 miles west of Leicester; 36 miles south-west of Nottingham
Roads: A51, A513, M6, M42
Rail: Tamworth Rail
Air: Birmingham Airport

Situation

Tenure

Freehold.

Description

The property comprises four office units arranged over ground and first floors.
The property benefits from on-site parking to the front and rear providing spaces for approximately 48 cars.

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises four office units arranged over ground and first floors.
The property benefits from on-site parking to the front and rear providing spaces for approximately 48 cars.

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
1	Ground First	Office Office	181.63 sq m 197.42 sq m	(1,955 sq ft) (2,125 sq ft)	MITIE TECHNICAL FACILITIES MANAGEMENT LIMITED (1)	5 years from 02/08/2012	£19,000	01/08/2017
2	Ground First	Office Office	82.52 sq m 83.55 sq m	(888 sq ft) (899 sq ft)	MITIE SHARED SERVICES LIMITED (1)	5 years from 02/08/2012	£37,875	01/08/2017
3	Ground First	Office Office	165.05 sq m 164.71 sq m	(1,777 sq ft) (1,773 sq ft)	MITIE TECHNICAL FACILITIES MANAGEMENT LIMITED (1)	5 years from 02/08/2012	£45,500	01/08/2017
5	Ground First	Office Office	216.17 sq m 215.53 sq m	(2,327 sq ft) (2,320 sq ft)	MITIE BUILT ENVIRONMENT LIMITED (1)	5 years from 02/08/2012	£52,950	01/08/2017
Totals			1,306.58 sq m	(14,064 sq ft)			£155,325

(1) All the tenants are subsidiary companies of Mitie Group plc. MITIE (Management Incentive Through Investment Equity) specialise in strategic outsourcing and energy services. They have revenues in excess of £2bn and were one of only two FTSE 250 companies to have grown earnings per share for over 25 consecutive years. (Source: www.mitie.com 16/04/2013)