THE CANDLEWORKS, CINDER ROAD, DUDLEY, DY5 4 UG
Size
150,282
Tenure
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Parking
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- Primary use
- Industrial park
Key features
- Investment opportunity - income generating
- Approximately 7,014ft2 (651.62 m2)
- Ample carparking and outdoor storage
- Site area 3.45 acres (1.4 ha)
- "Brownfield site" with redevelopment potential
- The site is freehold and will be sold subject to a number of licence agreements which currently generate £38,160 p.a.
- Offers are invited in excess of £750,000.
Description
The site is located on Cinder Road approximately 0.5 miles from Gornal Wood; Russell's Hall Hospital is 2 miles; Pensnett Trading Estate is 0.4 miles and Merry Hill Shopping centre is 3 miles from the site.
It is approximately 3.7 miles from the Birmingham New Road (A4123) and 5.8 miles from Junction 2 of the M5.
DESCRIPTION
The site extends to approximately 3.45 acres (1.4 hectares) and is industrial/ commercial land and has been used as such for many years. Part of the site is currently used as a haulage yard.
The site includes a number of buildings in a variety of commercial uses. On site there are also a pair of semi-detached cottages that have been converted to ancillary office space.
To the west of the industrial buildings is an area of amenity land which has a number of trees and a large pond.
ACCOMMODATION
Building No. Floor Area Sqft (Sqm)
1 903 (83.89)
2 100 (9.29)
3 452 (41.99)
4 1,372 (127.46)
5 360 (33.44)
5a 203 (18.86)
6 1,342 (124.67)
7 955 (88.72)
8 605 (56.21)
9 330 (30.66)
10 392 (36.42)
TOTAL 7,014 (651.62)
PLANNING
The site lies within the jurisdiction of Dudley Borough Council.
We consider that the site may be suitable for alternatives uses subject to the necessary consents.
TENURE
The site is freehold and will be sold subject to a number of licence agreements which currently generate £38,160 p.a. Further details available upon request.
RATEABLE VALUE & BUSINESS RATES
Available upon request.
SERVICES
We understand that water, electricity and gas are available to the premises.
Interested parties should make their own enquiries with the relevant utility providers.
LEGAL COSTS
Each party will be responsible for their own costs.
GUIDE PRICE
Offers are invited in excess of £750,000. We are advised that the purchase price will not be subject to VAT. The vendors reserve the right to set a date for the submission of bids.
VIEWINGS
Viewings by appointment only. All enquiries to First City 'The Property Consultancy'
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Brochure
THE CANDLEWORKS, CINDER ROAD, DUDLEY, DY5 4 UG
About First City Limited, Wolverhampton
We bring a unique mix of experience and professional skills to the task together with the imagination and foresight to see opportunities and potential where others see only problems.
Fundamental to any successful organisation is its people. We pride ourselves on having a group of professional, highly motivated and experienced staff. It’s a team that’s flexible in its approach and focused on finding innovative ways to deliver added value for our clients.
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Disclaimer - Property reference CANDLEWORKS. 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 First City Limited, Wolverhampton. 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.