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Land at Overend Road, Cradley Heath

£1,800,000

Business rates & charges may apply

HEXAGON COMMERCIAL PROPERTY LIMITED, Stourbridge
SIZE

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SECTOR

Land for sale

Key features

  • TOTAL SITE AREA - 2.3 ACRES
  • USABLE SITE AREA - 1.4 ACRES
  • RARE FREEHOLD OPPORTUNITY
  • INDUSTRIAL UNITS TOTALING 3,644 SQ FT
  • DETACHED OFFICE BUILDING

Description

Hexagon Commercial Property is delighted to bring to market this rare opportunity to acquire a 2.3 acre (approx) yard on Overend Road, Cradley Heath. The site includes the access driveway, and is currently occupied by a grab-hire and groundworks business. It is predominantly used for the open storage of aggregates, waste materials, vehicles, plant and machinery, with a mixture of surfaced and unsurfaced yard areas. A detached warehouse building is positioned in the corner of the site, providing approximately 4,321 sq ft of accommodation and benefiting from vehicular access via roller shutter doors. A separate office building is situated at the front of the site and extends to approximately 1,000 sq ft with ample parking surrounding its perimeter. The property provides a rare opportunity to acquire a substantial industrial yard with existing warehouse and office accommodation.
Total Site Area - 2.29 Acres Usable Site Area - 1.26 Acres Warehouses 1 - 805 Sq Ft Warehouse 2 - 3,516 Sq Ft Offices - 1,000 Sq Ft Total - 5,321 Sq Ft We have been advised by the seller that one of the units on-site is currently let for £30,000 per annum on an informal agreement with the seller.
The property is situated on Overend Road within the established Corngreaves/Overend Road industrial area of Cradley Heath, in the heart of the Black Country. Overend Road provides convenient access to the surrounding road network, with the A459 linking Halesowen to the south and Dudley to the north. Junctions 2 and 3 of the M5 are both approximately 5 miles away, providing access to Birmingham and the wider national motorway network. Cradley Heath town centre and railway station are also within easy reach. The property is approximately 3 miles south of Dudley, 2 miles north-west of Halesowen and 8 miles west of Birmingham.
Freehold
Please contact the agent for further information regarding the business rates.
We are instructed to seek £1.8M for the freehold interest of this property. We are advised by our client that the site benefits from being a permitted waste transfer station

Land at Overend Road, Cradley Heath

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cradley Heath Station0.6 miles
  • Old Hill Station1.0 miles
  • Lye Station1.7 miles

About HEXAGON COMMERCIAL PROPERTY LIMITED, Stourbridge

15-17 Church Street, Stourbridge, DY8 1LU

Notes

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Disclaimer - Property reference 56383. 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 HEXAGON COMMERCIAL PROPERTY LIMITED, Stourbridge. 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.