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
Location:
Units 5a, b, c, d, e & f Dadsford Bridge Industrial Estate, Plant Street, Wordsley DY8 5SYGBWest MidlandsDY8 5SYPlant Street