Industrial unit for sale

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

VAT is payable by the Buyer upon completion to their solicitor. This is to be paid in addition to the purchase price.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

LOCATION

The property is situated in an established Industrial Estate in Wordsley midway between Stourbridge and Brierley Hill. Shops and facilities are available close by in Wordsley and Stourbridge Town Centres.

DESCRIPTION

The property is a fully self contained detached single storey industrial / workshop Unit with shared toilet faculties.

Set within a secured and gated Industrial Estate , the unit is split into a large workshop with 2 further well proportioned areas with roller shutter goods access and separate pedestrian access. Ample car parking is available on a shared basis.

The property has an approximate net internal area of 1,800 sq ft (167 sq m)

SERVICES

The unit is subject to an annual service charge (currently £566 per quarter as at July 2025). Electricity is charged by the estate owners on an “as used” basis (currently £125 per quarter as at July 2025)

The building owner is responsible for Buildings Insurance.

PRICE

Starting Bid being £140,,000

LEGAL COSTS

Each party will be responsible for all their own costs in respect of this transaction.

VAT

VAT is payable on the purchase price.

VIEWING

Strictly by appointment with the Agents on[use Contact Agent Button].

OTHER TERMS

Services

The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor

Money Laundering

The successful tenant will be required to submit proof of identity, in accordance with money laundering regulations.

Fixtures & Fittings

Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.

Areas & Dimensions

All areas and dimensions are deemed to be approximate only.

© Walton and Hipkiss