Unit 28, Lye Valley Industrial Estate, Bromley Street, Lye, near Stourbridge, West Midlands, DY9 8HX
LOCATION
Lye Valley Industrial Estate is located on Bromley Street in Lye, accessed off the A458 Stourbridge Road.
Junction 3 of the M5 motorway is approximately four miles distant.
DESCRIPTION
The Estate comprises 28 industrial / warehouse units of various sizes, with parking and loading areas fronting each unit.
The available unit comprises of a steel portal framed construction with insulated profile steel clad elevations, incorporating translucent light panels to the roof covering. Eaves Height is approximately 6m (19’8”).
The unit benefits from integral office accommodation provided at both ground and floor first floor level, together with male and female W.C facilities.
The estate is fully fenced with security gates, and a CCTV system in operation.
SERVICES
Mains 3-phase electricity, gas and water are connected to the property.
The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.
ACCOMMODATION
Warehouse: 3,607 sq ft (335.08 sq m)
Ground Floor Office, and WC’s: 530 sq ft (49.18 sq m)
First Floor Offices: 485 sq ft (45.10 sq m)
Total: 4,622 sq ft (429.36 sq m)
RENTAL
£23,625 per annum exclusive, subject to contract
Exclusive of VAT, building insurance, business rates, service charge, water rates and all other outgoings.
LEASE TERMS
These premises will be available under a new full repairing and insuring lease for a term to be agreed.
SERVICE CHARGE
A variable small charge is levied on the unit in order to cover of the upkeep and maintenance and management etc. of common parts and facilities. Levied on a fair proportion basis.
BUILDINGS INSURANCE
The landlord will insure the building, with the premium to be reimbursed by the tenant.
POSSESSION
Full vacant possession will be offered to a new tenant upon completion of all legal formalities.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.
BUSINESS RATES
2017 Rateable Value: £15,000
PLANNING
We are advised that the property has consent for B1 (light industrial), and B8 (storage and distribution).
Prospective tenants should seek confirmation from the local authority.
ENERGY PERFORMANCE CERTIFICATE
Available on request.
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Notice and Conditions
White Rose Real Estates Ltd for themselves, for any joint Agents, the vendors or lessors give notice that these particulars have been prepared and are intended for general guidance of the prospective purchasers or lessees but do not constitute or form part of any offer or contract. All Information, descriptions, dimensions, references to permissions, use, occupation and other details is supplied in good faith and believed to be correct at the date of issue. The accuracy of such information cannot however be guaranteed and intending purchasers or lessees must rely on their own inspection, enquiries and survey. Neither the directors nor the staff of White Rose Real Estates Ltd or any joint Agent or sub Agent has authority to make or give any representations or warranties whatsoever in relation to the property.