Warehouse for sale
Property description & features
- Tenure: Freehold
*For Sale By Online PublicAuction 14th November 2024 10:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
Two Industrial Units Part Let Producing £12,960 Per Annum. Estimated Rental Value if Fully Let is £30,000 Per Annum (Reflecting a Gross Initial Yield of 15%)
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Kinver Street Play Park are within easy reach. Transport links are provided by Stourbridge Town rail station.
Description
The property comprises two vacant industrial units situated within a terraced building arranged over the ground floor.
Accommodation
Ground Floor
Unit 4
Industrial Area
G.I.A. Approximately 754 sq ft
Unit 4A
Industrial Area
G.I.A. Approximately 1,596 sq ft
Accommodation
Tenancy
Unit 4 is subject to a lease at a rent of £1,080 per calendar month.
Note
EPC Rating
B
VAT
VAT is applicable
Open House Viewings:
Thursday 31 October 2024 12:00 PM - 12:30
Tuesday 5 November 2024 12:00 PM - 12:30
Thursday 7 November 2024 12:00 PM - 12:30
Saturday 9 November 2024 12:00 PM - 12:30
Tuesday 12 November 2024 12:00 PM - 12:30
Addendum
Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.
Places of interest
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Property reference 269074. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House London - Hampstead.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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