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Unit 8 & Land, Albion Business Park Spring Road, Smethwick, B66 1PT

Sold for for £250,000.
 

Guide Price £225,000 plus fees


Thursday 1st May 2014

11.00am
Key Features
A Freehold Industrial Unit together with a Development Site having Planning Permission for a Warehouses and Distribution Unit Extending to approximately 0.41 hectares (1 acre).
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Sold for for £250,000.

property

Ground Conditions & Contamination

Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use or purpose they may propose.

Is Preliminary Lot

False

Location

The property lies within an established industrial and commercial location, at Albion Business Park, Spring Road which runs off the A4031 Spon Lane. The property lies adjacent to the M5 motorway and benefits from excellent access to the national motorway network via Junction 1 which lies a short distance northwest of the property accessed from Spon Lane and Kenrick Way.

Planning

Planning Permission was granted on the 24th March 2010 (Application No. DC/10/51812) allowing development of a warehousing and distribution unit and associated security fencing.
All interested parties should make their own enquiries to Sandwell Metropolitan Borough Council as to the suitability of this permission for their proposed future use.

Plans

Any plans provided within these particulars are for identification purposes only and their accuracy is not guaranteed.

Property Description

Unit 8 is a mid terraced unit totalling approximately 94.20 sq.m. (1,014 sq.ft.) with vehicular access via a metal roller shutter door. In addition there is a roughly rectangular level development site comprising of approximately 0.41 hectares (1 acre) which lies to the rear of Units 10 and 12 and is currently used as open storage and parking.

Property Type

Commercial Investment

Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.

The property is sold subject to, or with the benefit of any Rights of Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.

Services

Mains services are understood to be available in the vicinity of the property but prospective purchasers should make their own independent enquiries as to the suitability of services for their particular requirements.

Site Area

The gross site area extends to approximately 0.41 hectares (1 acre), as shown approximately edged red on the site plan which is for identification purposes only. We have not measured the site and all interested parties must seek their own verification as to the dimensions, and boundaries.

Tag Line

A Freehold Industrial Unit together with a Development Site having Planning Permission for a Warehouses and Distribution Unit Extending to approximately 0.41 hectares (1 acre).

Tenure

We understand that the property is Freehold.

Value Added Tax

We understand that VAT will be chargeable upon this transaction.

Viewings & Further Details

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

Tenure: