£240,000

Light industrial for sale

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Freehold

Offers in region of

£240,000

Light industrial for sale

Plant Street, Wordsley, West Midlands DY8

1 bath

Local area information

Property location

Nearby amenities

  • Brook Primary School 0.3 miles
  • The Wordsley School Business & Enterprise & Music College 0.3 miles
  • Stourbridge Town 1.6 miles
  • Lye (West Midlands) 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Ideal for investment
  • Parking
  • Freehold
New Prime Investment Available In Dadsford, Stourbridge, DY8

- Rental Income: £25,200 pa
- 10.5% Net Yield
- Size: 2,350 sq ft
- Located in an incredible industrial estate in Dadsford, Stourbridge, DY8 5SY

Description
The estate is secured by a gated entrance which provides access to the central courtyard. Units are built in a rectangular formation facing this courtyard. The units comprise adjacent self-contained properties with fully refurbished accommodation with main walls of brick and a cladded roof.
Units are accessed via individual metal roller shutter doors with separate pedestrian door
access with vehicular parking to the front of the units. The estate is subject to a service charge to ensure ongoing good estate management.

Location
The property is located on a popular industrial estate, outside Brierley Hill centre, and is strategically located for convenient access to the major road/motorway networks and local centres. It is within a few minutes-drive of Junctions 2 and 3 M5 Motorway and close to the A491 which links Dudley,
Wolverhampton and Stourbridge. The estate is only 2 miles from Stourbridge, 3 miles form Dudley and 12 miles from Birmingham. Merry Hill Shopping Centre is also only a few minutes away.

Accommodation
Unit 4 - 754 sq ft

Unit 4a - 1,596 sq ft

Tenure
This site is available to purchase freehold. All Tenants are on will be on active leases. The leases have rent reviews which allow any purchaser the option to increase rents at the suitable rent review dates.

Vat
We are advised that VAT is payable on this property. Interested parties are advised to make their own enquiries accordingly.

Viewing
Viewings are by appointment with sole agents, Galaxy Real Estate.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Galaxy Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Galaxy Real Estate for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Stourbridge
  5. Wordsley
  6. Plant Street