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INCOME PRODUCING MULTI LET INDUSTRIAL INVESTMENT OPPORTUNITY LOCATED ON A POPULAR ESTATE

For sale: £425,000.00|3,465 |Industrial, Distribution Warehouse, General Industrial, Industrial Park, Light Industrial, Warehouse, Storage

Property details

FOR SALE£425,000.00
SIZE3,465
ADDRESSUnits 5a, b, c, d, e & f Dadsford Bridge Industrial Estate, Plant Street, Wordsley DY8 5SY
TYPEIndustrial, Distribution Warehouse, General Industrial, Industrial Park, Light Industrial, Warehouse, Storage
TENUREFor Sale Freehold
POSTED ON18th November 2022

Description

FOR SALE - FREEHOLD INDUSTRIAL INVESTMENT OPPORTUNITY COMPRISING SIX WORKSHOP UNITS
OVER GROUND AND FIRST FLOORS LET ON 10 YEAR FULL REPAIRING LEASES WITH RENT REVIEWS TO
THE GREATER OF RPI OR MARKET RENT.
Units 5a, b, c, d, e & f Dadsford Bridge Industrial Estate, Plant Street, Wordsley DY8 5SY
PRICE - £425,000 | RENT - £36,140 P.A. | YIELD – 8.5%

LOCATION
The property is located on a popular industrial estate, outside Brierley Hill centre, and is strategically located for convenient access to the major road/motorway networks and local centres.It is within a few minutes-drive of Junctions 2 and 3 M5 Motorway and
close to the A491 which links Dudley, Wolverhampton and Stourbridge.The estate is only 2 miles from Stourbridge, 3 miles form Dudley and 12 miles from Birmingham. Merry Hill Shopping Centre is also only a few minutes away.

DESCRIPTION
The estate is secured by a gated entrance which provides access to the central courtyard. Units are built in a rectangular
formation facing this courtyard. The units comprise adjacent self-contained properties with fully refurbished accommodation with
main walls of brick and a cladded roof. Units are accessed via individual metal roller shutter doors with separate pedestrian door
access with vehicular parking to the front of the units. The estate is subject to a service charge (payable by the tenant) to ensure
ongoing good estate management.

Location

marker
Location: Units 5a, b, c, d, e & f Dadsford Bridge Industrial Estate, Plant Street, Wordsley DY8 5SY

Stourbridge Town (1.6 miles)

Lye (2.1 miles)

Stourbridge Junction (2.2 miles)

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