Commercial Property for sale

Timmis Road, Lye, Stourbridge

£625,000

Property Description

Key features

  • POTENTIAL DEVELOPMENT STPP
  • HIGH BAY WAREHOUSE
  • TRADE COUNTER & OFFICES
  • PART INCOME PRODUCING
  • EXCELLENT PARKING AND STORAGE
  • POTENTIAL TO EXTEND

Full description

Tenure: Freehold

Warehouse / Trade Counter / Offices / Storage & Land

PREMISES AND LAND CAN BE PURCHASED SEPARATELY.

LOCATION
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.

DESCRIPTION
The units are interconnected and comprise a high bay warehouses, trade counter, fitted offices, workshop and ample parking and storage land plus a self contained fully secured rectangular level site Eaves heights range from 8 feet to 25 feet. The High Bay warehouse has the benefit of 2 access points one from the rear of the site across the secured storage yard and one direct form Timmis Road with additional undercover storage.

ACCOMMODATION
High Bay Warehouse 2,992 sq ft 278 sq m
Workshop 3,320 sq ft 308 sq m
Trade Counter 1,577 sq ft 147 sq m
Ist Floor Office 1,577 sq ft 147 sq m
Yard / Storage
Car Parking
TOTAL AREA 9,466 sq ft 879 sq m

Land only 0.629 acres
Overall Site Area 1.261 acres

SERVICES
All mains services are connected and units are fully sprinklered.

TENURE
We understand the property is freehold

PRICE
Offers are sought of £975,000 OIRO subject to contract only for the entire site.

PREMISES ONLY - £625,000
LAND ONLY - £350,000

LEGAL COSTS
Each party to pay all own costs in respect of this transaction.

PROPERTY BOUNDARY
This is shown edged red 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.

PLANNING
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.

BUSINESS RATES
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.

VIEWING
Full inspection viewings can be arranged with the Agents.


GENERAL TERMS
VAT
VAT maybe levied on the purchase price.
Services
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.
References
The successful tenant / purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
Money Laundering
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

Property ref: 121_1560_2528586


More information from this agent

Nearest stations

  • Lye (0.5 mi)
  • Stourbridge Town (0.7 mi)
  • Stourbridge Junction (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Walton & Hipkiss, Stourbridge - Commercial

Hagley Road, Stourbridge, DY8 1QH

01384 737039 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Lye (0.5 mi)
  • Stourbridge Town (0.7 mi)
  • Stourbridge Junction (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Walton & Hipkiss, Stourbridge - Commercial

Hagley Road, Stourbridge, DY8 1QH

01384 737039 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2528586. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Walton & Hipkiss, Stourbridge - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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