Silver End Business Park, Brierley Hill

Sold STC - 115,000

Details

Location

The property is prominently situated accessed from
Brettell Lane (A461) which connects Brierley Hill to the
A491 Stourbridge to Kingswinford Road. Brierley Hill town
centre is within of a mile and the Merry Hill Shopping
Complex within 1 mile

Description

A superb opportunity to acquire a rare B1 (virtual) Freehold
opportunity on a very well regarded business park. Silver
End Business Park forms an attractive business park
environment which is a self-contained secure courtyard
development of business / office units each providing
accommodation over 2 floors with on site CCTV security and
gated access.

Accommodation

Ground floor stores / office of 487 sq ft (48.3 sq m)
First floor office including kitchenette of 487 sq ft (48.3 sq m)
The premises benefit from 3 car parking spaces

Asking Price

Offers are invited for the Long Lease at 115,000.

Tenure

We are advised that the property is to be sold on a 999 year
lease commencing 1999 with a stepped ground rental
agreement of 300 per annum for the first 33 years, 600
per annum for the second 33 years and 900 per annum for
the third 33 years and thereafter until the expiration of the
term. A service charge of 1,111 per annum is currently
being levied which covers insurance, security, external
lighting, painting and communal cleaning and waste collection.

Business Rates

Rateable value: 6,000
Rates payable: 2958 approx

We understand that small business rate relief may be due
to any occupier in which case should receive 100% business
rate relief

Planning

We understand that under the Town and Country Planning
(Use Classes) Order 1987 and subsequent amendments
the property benefits B1 / B2 and B8 use.

Viewing

Strictly via prior appointment with sole selling agents
Hexagon Commercial

EPC

To be advised


Anti Money Laundering

As of 1st March 2004 we are required by hm Customs &
Excise to verify the identity of all Tenants. Should you
wish to proceed with the letting of this, or any other
premises, two forms of identification will be required.
Further information available from the Agent.


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Contact us

T: 01384 374888
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