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19 Hereward Rise, Halesowen, B62 8AN

Sold for for £279,000.
 

Guide Price £275,000 plus fees


Thursday 5th September 2013

11.00am
Key Features
A Freehold Service Office/Workshop Investment<1mm/> Current Rental Income: £49,616.16 pa
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Sold for for £279,000.

Office

Location (Next Column)

The property is located on the junction of Hereward Rise and Chancel Way, forming part of Halesowen Industrial Park, which is conveniently situated off the main Dudley Road (A459).
The property benefits from excellent access to the motorway network via junction 3 of the M5 motorway, which lies approximately 2 miles distant.

On behalf of

On Behalf of Joint LPA Receivers

Property Description (2nd Column)

A substantial two storey commercial premises, currently sub-divided to provide a range of 30 serviced offices/workshops, currently let to individual Tenants and has scope for further extension of the existing building (subject to obtaining the appropriate Planning Consent from the Local Planning Authority).

The property occupies a substantial rectangular shaped plot, extending to an area of 0.86 acres (0.3513 hectares) or thereabouts and includes a large forecourt parking area and secure rear yard providing additional parking and storage.

Property Type

Commercial Investment

Tag Line

A Freehold Service Office/Workshop Investment
Current Rental Income: £49,616.16 pa

Tenure

We understand that the property is Freehold, subject to the tenancies below.

Value Added Tax

VAT will be chargeable on this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: