31a Cox’s Lane & 50a-50d Best Street, Cradley Heath, B64 5NS

GBP 550,000
For Sale

Property Details

Property Type

Commercial Property

Description

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • To be offered in 28th January Auction • Freehold Multi-Let Industrial Investment • Arranged to provide 6 units over 6,128 sq ft • Prominantly located close to Cox's Lane Industrial Estate • VAT is not applicable • 6 Week Completion Available • Investment let at £49,570 p.a. (9.01% GIY on Guide Price) and rising to £54,360 p.a. in 2026

Location: • Nearest Station: Old Hill Station • Distance to Station: 0.8 miles

Agent Information: • Address: 33 Margaret Street London W1G 0JD

Full Description: StrapLineAuction Sale - 28/01/2025A well located freehold multi-let Industrial Investment arranged as 6 units and producing £49,570 p.a. (reflecting 9.01% GIY on Guide Price)DescriptionThe property is arranged over ground and one upper floor to provide 6 units.Three of the units provide ground floor warehouses with first floor offices and storage.50b provides two units, a ground floor warehouse and a self-contained first floor. 50d is a single storey self-contained warehouse unit.Each warehouse benefits from concrete flooring, roller shutter doors and yard spaceLocationCradley Heath is a suburb of Birmingham located 3 miles south of Dudley, 2 miles north of Halesowen and 9 miles west of Birmingham city centre.The property is situated on the corner of Cox's Lane and Best Street and close to Cox's Lane Industrial EstateTransportRoad - The A459 and A100 which in turn provide access to the M5 motorway at Junction 2, via the A4034.Rail - The property is located within 1 mile of Cradley Heath Railway StationTenancyPlease see the tenancy scheduleAccommodationPlease see the tenancy schedule

Location

Address

31a Cox’s Lane & 50a-50d Best Street, Cradley Heath, B64 5NS

City

Cradley Heath

Features and Finishes

To be offered in 28th January Auction, Freehold Multi-Let Industrial Investment, Arranged to provide 6 units over 6,128 sq ft, Prominantly located close to Cox's Lane Industrial Estate, VAT is not applicable, 6 Week Completion Available, Investment let at £49,570 p.a. (9.01% GIY on Guide Price) and rising to £54,360 p.a. in 2026

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