Viewing: 01384 397797
LAND AND PREMISES FOR SALE
PREMISES AND LAND CAN BE PURCHASED SEPARATELY. LAND IS INCOME PRODUCING, FURTHER DETAILS BELOW.
The property is in a convenient and established position off the A458 Stourbridge Road 0.5 miles from Lye and 2 miles from Stourbridge Town Centre. Access to Junction 3 of the M5 is approx. 6 miles distant.
Self contained fully secured rectangular level site (currently Let) direct off Timmis Road comprising 0.629 acres
Adjacent to the land, also available are a series of buildings and comprise a high bay warehouses, trade counter, fitted offices, workshop and ample parking and storage land - overall site area 1.261 acres.
All mains services are connected and units are fully sprinklered.
We understand the property is freehold
The self contained land (edged blue on the plan) is subject to a lease to Regenr8 Limited at a rental of £37,000 per annum exclusive from 12th May 2017 for 3 years. The land is currently used for recycling and a waste transfer station and is separately metered, serviced and is fully secured separate from the main site.
LAND - Offers are sought of £350,000 OIRO
PREMISES - £625,000
(The whole site with buildings is available at £975,000 OIRO) subject to contract only
Each party to pay all own costs in respect of this transaction.
This is shown edged blue on the attached plan (not to scale and only approximate) note the sale will be subject to the retention of a thin strip of land between points A to E on the identification plan.
Prospective Purchasers / Tenants are advised to satisfy themselves regarding current or intended uses of the property with the Local planning Authority - Dudley Metropolitan Borough Council.
The property is subject to Business Rates. The current rateable value of the entire property is to be confirmed. Any prospective purchaser or tenant should confirm rates liability with the Local Authority.
Full inspection viewings can be arranged with the Agents.
VAT maybe levied on the purchase price.
The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor.
The successful tenant / purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
The successful tenant will be required to submit proof of identity, in accordance with money laundering regulations.
Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.
Areas & Dimensions
All areas and dimensions are deemed to be approximate only.
© Walton and Hipkiss