Light industrial for sale in 60 Market Street, Kingswinford DY6, £550,000

550,000.00

Offer Nr.:
65079025
Type of ad:
for Sale
Property type:
Light industrial
Contact name:
Hexagon Commercial Property
Phone(s):
01384 957981

* Rare freehold opportunity
* Prominent development / re - positioning opportunity (STPP)
* Site area - 0. 34 acres
* Prominent roadside location
An extremely rare opportunity to acquire a prime 0. 34 acre roadside site
within the affluent village of Kingswinford. The Property has been in the same
ownership for circa 50 years and presents a fantastic opportunity for the
purchaser to own / develop (STP) a prime site on the corner of Market Street
and Oak Street. There is a prominent showroom fronting Market Street which has
a fully equipped car workshop to the rear which is interconnected and measures
2, 791 sq ft in total. To the rear of the ‘main building' are x3 self - contained
workshop units which are currently let and income producing – please ask the
Agent for further details. Showroom and Workshop – 2, 791 sq ft Unit 1 – 1, 347
sq ft Unit 2 – 974 sq ft Unit 3 – 400 sq ft approximately Shared toilet block
on site The property occupies a prominent position on the busy Market Street
(on the corner of Oak Street) in Kingswinford with local and national
retailers trading nearby such as Greggs, Specsavers, One Stop and Boots. The
A4
**Description**
An extremely rare opportunity to acquire a prime 0. 34 acre roadside site
within the affluent village of Kingswinford. The Property has been in the same
ownership for circa 50 years and presents a fantastic opportunity for the
purchaser to own / develop (STP) a prime site on the corner of Market Street
and Oak Street.
There is a prominent showroom fronting Market Street which has a fully
equipped car workshop to the rear which is interconnected and measures 2, 791
sq ft in total. To the rear of the ‘main building' are x3 self - contained
workshop units which are currently let and income producing – please ask the
Agent for further details.
**Location**
The property occupies a prominent position on the busy Market Street (on the
corner of Oak Street) in Kingswinford with local and national retailers
trading nearby such as Greggs, Specsavers, One Stop and Boots. The A491 is one
of the main routes out of Stourbridge leading to Wolverhampton, where it
connects to the A449, and one of Europe's largest shopping centres, Intu Merry
Hill.
**Accommodation**
Showroom and Workshop – 2, 791 sq ft
Unit 1 – 1, 347 sq ft
Unit 2 – 974 sq ft
Unit 3 – 400 sq ft approximately
Shared toilet block on site
**Rates**
Rateable Value - £24, 000
Rates Payable - £11, 976
**Terms**
We understand that the Property is to be sold on a Freehold basis.

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