0 bed (for sale) Moor Street, Brierley Hill DY5

£3,599,999
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The Online Property Agency
Sovereign Court, Graham Street, Birmingham
0121 659 2987
First Published

6th Feb 2021

Last Published

14th Jun 2021

 

Features

  • Type:
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Description


Albion Works comprises a mix of modern industrial units suitable for production, warehousing and a variety of service industries.

The property is of portal frame construction under pitched bay roofs. There are full height brick infill elevations. The pitched roofs incorporate newly installed translucent roof lights. Many of the bays have been recently refurbished and there appears to be a ongoing maintenance plan across the site. The warehouses benefit from large electronically operated roller shutters. Many have integrated works offices with mezzanine above. They all have concrete flooring, high bay lighting, large three phase power supply, generous eaves height. To the rear of the property there is a covered, communal service yard that services units 1A, 1C, 2B, 3 and 4. This provides covered loading areas and further parking. Externally the property has parking and loading access to all units.


Location


Albion Works Estate is situated off Moor Street, within close proximity of Brierley Hill Town Centre and the Merry Hill Shopping Centre. The property provides convenient access to the nearby town of Dudley 2.8 miles distant and Birmingham City Centre 13 miles to the east Junction 5 of the M5 motorway is approximately 4½ miles.


Rent


The property benefits from £285,000 rental income per annum. The property has potential for rental increase to circa £315,000.


Services


We are advised that all mains services are connected or available. Interested parties are advised to check this position with their advisors/contractors.


Tenure


The Property freehold.


Viewings


Please contact The Online Property Agency for viewings.


Buyers fee


Buyer's Reservation Fee of 1.25% of The Purchase Price.

T&Cs apply.

 

Local info for DY5

Floor plan

 

Property Value Data/Graphs for DY5

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Semi-detached house 38.2% £169,164 3 1
Detached house 20.4% £247,202 3.5 1.1
Flat 19.7% £85,876 1.3 0.9
Terraced house 8.9% £128,264 2.5 1.2
End terrace house 5.1% £148,106 2.8 1.4
Studio 1.9% £70,667 0 1
Other 1.3% £189,975 3 1
Bungalow 1.3% £149,975 2 1
Detached bungalow 0.6% £185,000 2 1
Semi-detached bungalow 0.6% £110,000 1 1
Link-detached house 0.6% £170,000 3 1
Town house 0.6% £149,950 4 3
Retail premises 0.6% £190,000 2 0

Area Information

Average Price Paid

£152,694

Sales

3233

Current Average Value

£161,782

Value Change

£9,088 6%

 

Current Asking Prices in DY5 Average: £161,782

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £110,000 (1) £136,347 (31) £177,412 (63) £240,089 (23) £329,983 (3)
Flats £84,757 (22) £88,611 (9) - - -
All £85,854 (23) £125,606 (40) £177,412 (63) £240,089 (23) £329,983 (3)

Nearby Properties

0 bed Land () Broad Street, Edgbaston, Birmingham B15 £18,000,000
0 bed () Moor Street, Brierley Hill DY5 £3,599,999
8 bed Detached house () 47 Wellington Road, Edgbaston, Birmingham, West Midlands B15 £2,675,000
7 bed () Stourbridge Road, Wombourne, West Midlands WV5 £2,500,000
5 bed Detached house () Belbroughton Road, Blakedown, Worcestershire DY10 £2,500,000
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