Skip to content

57 Bridge Street, Wednesbury

Guide Price
£1,750,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

Ask agent

SECTOR

Commercial property for sale

Key features

  • Freehold Industrial Opportunity
  • Suitable for Investors and Occupiers
  • Three Industrial Buildings and Associated Land
  • Total Accommodation - 12,604 sq ft (1,171.02 sq m)
  • Site Area Approx. 1.45 acres
  • Low Site Cover of 20%
  • Development Potential (subject to consents)
  • Asset Management Potential Via Letting
  • VAT-Free Opportunity
  • Offered with Full Vacant Possession

Description

The property comprises a freehold industrial opportunity with a number of asset management and development opportunities (subject to obtaining the requisite consents).

Previously used as a car showroom and workshop, the premises are offered vacant and comprise three industrial buildings on a large roadside site.

The accommodation totals 12,604 sq ft (1,171.02 sq m) and includes the former showroom (6,724 sq ft), a former workshop (5,154 sq ft) and a storage unit (725 sq ft).

The property occupies a large roadside site of approx. 1.45 acres (0.596 hectares) and therefore the site has a low coverage of 20%. We therefore consider the property may be suitable for the development of additional buildings (subject to obtaining any requisite consents), particularly to the rear where there is a largely undeveloped site of 0.36 acres.

We consider the site also benefits from immediate asset management potential via letting, with an opportunity to create a high yielding investment.

The property occupies a prominent roadside pitch fronting Bridge Street, an arterial route connecting Central Wednesbury to the A41. The property also lies approx 1.25 miles from the M6 motorway. The surrounding area comprises similar indistrial uses and forms part of the principal industrial belt in the Greater Birmingham area.

Brochures

57 Bridge Street, Wednesbury

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wednesbury Great Western Street Tram Stop0.2 miles
  • Wednesbury Parkway Tram Stop0.5 miles
  • Swan Lane Tram Stop1.1 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 4E354F0F-58D6-43DD-8206-88819F4FF1D6. 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 Savills, Savills Auctions- 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.

Map data ©OpenStreetMap contributors.