No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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From£325,000
Added > 14 days

Industrial unit for sale

Pearson Street, Lye, DY9 8BB
Under offer
Save
Industrial unit
0 bed
0 bath
3,622 sq ft / 336 sq m

Property description & features

  • Tenure: Freehold
  • 0.25 Acre Plot
  • Secure Front and Rear Gated Yards
  • Rare Freehold Opportunity
  • Roller Shutter Access
  • Alarm Systems
  • Refurbished
Description
The site comprises a 0.25-acre plot off Pearson Street in Lye. The property has been refurbished throughout, and comprises a blend of warehouse and office space, with accompanying yard, providing perfect accommodation for a variety of operations.

The site is accessed directly from Pearson Street, via a secure gated yard, with a second gated yard space to the rear, convenient for loading and unloading regular deliveries, parking, or open-air storage. A roller shutter provides vehicular access to the unit should this be required.

Internally, the unit comprises warehouse space, showroom, lean to, portacabin, kitchen and separate warehouse / office W/C facilities. The warehouse benefits from concrete flooring, gas air heating, and LED lighting. A fire alarm system and two burglar alarm systems are also installed providing sufficient security, along with external shutters covering all windows.

Location
The site is located in Lye, just 2 miles from Stourbridge and 3 miles from Halesowen. The arterial A458 provides quick access to the surrounding Black Country and Birmingham, whilst wider national routes can be found via Junction 3 of the M5 just 5 miles away.

Lye Railway Station is also within a short distance and provides regular train services to Birmingham Snow Hill and Worcester.

Terms
We are inviting offers in the region of £325,000 for the freehold interest. Alternatively, the property is available on a new lease with length to be agreed, a quoting rental of £27,000 per annum.

Anti-Money Laundering
The successful applicant will be required to provide two forms of ID to satisfy anti-money laundering protocols.

Availability
The property is available immediately upon completion of legal formalities.

Legal Costs
Both parties are to bear their own legal and surveyor’s fees incurred during the transaction.

Energy Performance Certificate
Available upon request from the agent.

Services
We understand that the building has the benefit of all main services connected on, or adjacent to the subject property.

The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations as to their suitability.

Property information from this agent

Places of interest

    SiddallJones are an independent firm of commercial property consultants based in Birmingham and covering the West Midlands region. We are multi disciplined businesses who pride ourselves in delivering the highest standard of client care, using our knowledge and experience of local and regional markets to provide a range of services to our local and national clients. Since our inception we have secured over one million sq ft of commercial agency instructions. Our clients vary from sole traders to multi nationals, but we trade on the basic value of treating all clients equally and offering the highest standards of care and professionalism throughout our instructions.

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    *DISCLAIMER

    Property reference 271243-1. 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 Siddall Jones - Birmingham.

    OnTheMarket may have applied supplementary data to this property listing, including:

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.