The Candleworks, Cinder Road, Dudley, DY5 4UG
- Type: Industrial
- Size: 7014ft² (651.62 m²
- Status: Sold
- Location: Cinder Road, Dudley, DY5 4UGView map
- Investment opportunity – income generating
- Ample carparking and outdoor storage
- Site area 3.45 acres (1.4 ha)
- “Brownfield site” with redevelopment potential
- Call us on 01902 710999
- Make an enquiry
Full Property Description
LOCATION
The site is located on Cinder Road approximately 0.5 miles from Gornal Wood; Russell’s Hall Hospital is 2 miles; Pensnett Trading Estate is 0.4 miles and Merry Hill Shopping centre is 3 miles from the site.
It is approximately 3.7 miles from the Birmingham New Road (A4123) and 5.8 miles from Junction 2 of the M5.
DESCRIPTION
The site extends to approximately 3.45 acres (1.4 hectares) and is industrial/ commercial land and has been used as such for many years. Part of the site is currently used as a haulage yard.
The site includes a number of buildings in a variety of commercial uses. On site there are also a pair of semi-detached cottages that have been converted to ancillary office space.
To the west of the industrial buildings is an area of amenity land which has a number of trees and a large pond.
ACCOMMODATION
Building No. | Floor Area Sqft (Sqm) |
1 | 903 (83.89) |
2 | 100 (9.29) |
3 | 452 (41.99) |
4 | 1,372 (127.46) |
5 | 360 (33.44) |
5a | 203 (18.86) |
6 | 1,342 (124.67) |
7 | 955 (88.72) |
8 | 605 (56.21) |
9 | 330 (30.66) |
10 | 392 (36.42) |
TOTAL | 7,014 (651.62) |
PLANNING
The site lies within the jurisdiction of Dudley Borough Council.
We consider that the site may be suitable for alternatives uses subject to the necessary consents.
TENURE
The site is freehold and will be sold subject to a number of licence agreements which currently generate £38,160 p.a. Further details available upon request.
RATEABLE VALUE & BUSINESS RATES
The following entries are to be found on the Valuation List.
Address |
Description |
Rateable Value |
Storage Land, Sandfield Bridge, Brierley Hill, West Midlands, DY5 4UG |
Land used for storage |
£3,350 |
Unit 2, Sandfield Bridge, Brierley Hill, West Midlands, DY5 4UG |
Workshop and premises |
£4,550 |
Unit D, Sandfield Bridge, Brierley Hill, West Midlands, DY5 4UG |
Workshop and premises |
£3,150 |
Unit E, Sandfield Bridge, Brierley Hill, West Midlands, DY5 4UG |
Vehicle repair workshop and premises |
£1,950 |
Units B & C, Sandfield Bridge, Brierley Hill, West Midlands, DY5 4UG |
Warehouse and premises |
£4,450 |
SERVICES
We understand that water, electricity and gas are available to the premises.
Interested parties should make their own enquiries with the relevant utility providers.
LEGAL COSTS
Each party will be responsible for their own costs.
GUIDE PRICE
Offers are invited in excess of £750,000. We are advised that the purchase price will not be subject to VAT. The vendors reserve the right to set a date for the submission of bids.
VIEWINGS
Viewings by appointment only. All enquiries to First City ‘The Property Consultancy’
on 01902 710999 quoting reference 4981. Ask for Chris Bywater chris@firstcity.co.uk or Chontell Buchanan chontell@firstcity.co.uk.