Light industrial for sale in Plant Street, Stourbridge DY8, £355,000

355,000.00

Offer Nr.:
64009211
Type of ad:
for Sale
Property type:
Light industrial
Contact name:
JMD Investments and Estates Limited
Phone(s):
01788 285732

* Light Industrial Investment Opportunity
* 10 year leases with rpi/Open Market Reviews
* Price - £355, 000 | rent - £30, 160 p. a. | yield – 8. 5%
* Fully let to a variety of tenants
* Established industrial location with high tenant demand
* Freehold
**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.

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