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Cable Plaza, Waterfront West, Brierley Hill, West Midlands, DY5

Offers in Region of
£4,000,000

£89.64 per sq ft

Business rates & charges may apply

WATLING REAL ESTATE LIMITED, Birmingham
SIZE AVAILABLE

44,623 sq ft

4,146 sq m

SECTOR

Commercial property for sale

Key features

  • State-of-the-Art Music Education Facility.
  • Multi-Million-Pound Fit-Out completed by Overbury in 2019.
  • Exceptionally high specification incorporating high-capacity data infrastructure and upgraded M&E Services.
  • Accommodation comprising sound-proofed recording, broadcast and rehearsal studios, alongside multi-purpose teaching and lecture rooms.
  • 44,623 sq ft NIA across 3 Floors.
  • Held by way of 150-Year Lease from December 2018 at Peppercorn Rent.
  • Located within DY5 Business and Innovation Enterprise Zone.
  • Offers of £4m invited for the long-leasehold interest.

Description

Location

The property is located on Waterfront West, Brierley Hill, which comprises one phase of the larger Waterfront Business Park scheme, established in the early 1990s. The estate, set around the canal marina and attractive landscaped surroundings, provides extensive office and commercial accommodation in the form of self-contained and multi let buildings, as well as restaurants, bars, apartment complex and the Copthorne Hotel.

The park is centrally located in Brierley Hill, West Midlands, situated 12 miles and a 30-minute drive time, west of Birmingham City Centre. The park benefits from strong connections to the national road and motorway network, with the M5 accessible at junction 2 (6 miles distant) and junction 3 (8 miles distant). The A4036 dual carriageway is a short distance from the park, connecting with local trunk roads Duncan Edwards Way and the Birmingham New Road, providing onward access to Wolverhampton to the north.

The site benefits from good bus connections via the bus station at the adjacent Merry Hill Shopping Centre, providing direct services to key local centres, including Cradley Heath, Dudley, Halesowen, Stourbridge, Walsall, West Bromwich, Birmingham and Wolverhampton.

The Property

Cable Plaza was subject to a £5 million pound refurbishment and fit-out as a state-of-the-art music education facility, completed by Overbury, in 2019. It now offers one of the most well-equipped and high specification education facilities within the UK. The property is a modern self-contained 3-storey premises, occupying a waterfront position.

Cable Plaza provides the following specialist accommodation:

- Studio complex with 3 recording studios.
- 4 radio broadcast rooms.
- 8 soundproofed band rehearsal rooms.
- 6 soundproofed individual practice rooms.
- Specialist Mac lab & IT suite.
- 9 spacious multi-purpose teaching rooms.
- 200-person capacity lecture theatre.

The property benefits from high-capacity data infrastructure via a 'Dante' network, allowing high speed internal connectivity and transfer of data between the various rooms.

The fit-out also included substantial upgrade and improvement works to the property's mechanical and electrical services, including installation of a new VRV 3-pipe heating and cooling system and fresh air ventilation system. Additional upgrades executed included replacement of the passenger lifts, installation of new lighting, fire alarm and security systems and refurbishment of welfare facilities.

Brochures

Cable Plaza, Waterfront West, Brierley Hill, West Midlands, DY5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cradley Heath Station1.6 miles
  • Lye Station1.9 miles
  • Stourbridge Town Station2.4 miles

Notes

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Disclaimer - Property reference 223032. 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 WATLING REAL ESTATE LIMITED, Birmingham. 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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