Premier Industrial Estate Leys Road Brierley Hill West Midlands DY5 3UP

  • Premier Industrial Estate<br>Leys Road<br>Brierley Hill<br>West Midlands<br>DY5 3UP

Premier Industrial Estate
Leys Road
Brierley Hill
West Midlands
DY5 3UP

Freehold Multi-let Industrial Investment

  • Substantial multi-let industrial estate comprising 35 units
  • Totalling approx 3,526.13 sq m (37,956 sq ft)
  • Approximate site area of 1.22 hectares (3 acres)
  • Established and well located industrial estate
  • In the same ownership since 2002
  • Lot
    39
  • Auction
    24th May 2018
  • Rent
    £148,071 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

Freehold Multi-let Industrial Investment

  • Substantial multi-let industrial estate comprising 35 units
  • Totalling approx 3,526.13 sq m (37,956 sq ft)
  • Approximate site area of 1.22 hectares (3 acres)
  • Established and well located industrial estate
  • In the same ownership since 2002
  • Lot 39
  • Auction 24th May 2018
  • Rent £148,071 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
3 miles from Intu Merry Hill Shopping & Office Centre, 3 miles south-west of Dudley, 12 miles west of Birmingham
Roads
A491, A449, A4036, M5 (Junctions 2 & 3)
Rail
Stourbridge Town and Cradley Heath Railway Stations
Air
Birmingham International Airport
Situation

Premier Industrial Estate is situated outside the town centre of Brierley Hill approximately 3 miles from Dudley town centre and 12 miles from Birmingham City Centre. The estate is well established and has good transport links being located close to the A491 which provides access to Wolverhampton to the north and Stourbridge and the wider national motorway network to the south. The estate is adjacent to the canal and nature walk. Nearby occupiers include Miller Roofing and ELV Recycling.

Tenure

Freehold.

Location
Miles
3 miles from Intu Merry Hill Shopping & Office Centre, 3 miles south-west of Dudley, 12 miles west of Birmingham
Roads
A491, A449, A4036, M5 (Junctions 2 & 3)
Rail
Stourbridge Town and Cradley Heath Railway Stations
Air
Birmingham International Airport
Situation

Premier Industrial Estate is situated outside the town centre of Brierley Hill approximately 3 miles from Dudley town centre and 12 miles from Birmingham City Centre. The estate is well established and has good transport links being located close to the A491 which provides access to Wolverhampton to the north and Stourbridge and the wider national motorway network to the south. The estate is adjacent to the canal and nature walk. Nearby occupiers include Miller Roofing and ELV Recycling.

Tenure

Freehold.

Description

The property, a substantial industrial estate, comprises three detached industrial buildings arranged as 35 individual units. The total approximate floor area is 3,526.13 sq m (37,956 sq ft) on a site of approximately 1.22 hectares (3 acres). Each unit benefits from roller shutter doors. The estate is
enclosed within steel fencing and accessed via electric fob controlled gates. In addition, 4.5 hectares (11 acres) has been let on separate 999 year leases at peppercorn rents.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, a substantial industrial estate, comprises three detached industrial buildings arranged as 35 individual units. The total approximate floor area is 3,526.13 sq m (37,956 sq ft) on a site of approximately 1.22 hectares (3 acres). Each unit benefits from roller shutter doors. The estate is
enclosed within steel fencing and accessed via electric fob controlled gates. In addition, 4.5 hectares (11 acres) has been let on separate 999 year leases at peppercorn rents.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Floor Areas (Approx) Tenant In occupation since Term Rent p.a Review/
(Reversion)
21 Ground
241.26 sq m
(2,597 sq ft)
 INDIVIDUAL
t/a RMD		 01/08/2014 From 01/08/2018
(Tenant option 30/06/2018 )		 £7,500 01/01/2021
(31/12/2024)
22 Ground
94.85 sq m
(1,021 sq ft)
 INDIVIDUAL
t/a Elite		 01/04/2010 From 01/04/2018
(Tenant option 31/03/2021)		 £3,983.04 01/04/2021
(31/03/2024)
23 Ground
147.15 sq m
(1,584 sq ft)
 MEREK
ENGINEERING
LIMITED		 12/08/2011 Licence from 12/08/2011 £2,400 (11/08/2012)
- Holding over
24-27 Ground
483.27 sq m
(5,202 sq ft)
 MEREK
ENGINEERING
LIMITED		 30/03/1992 Licence from 01/02/2006 £27,997.08
(Inc fixed
service
charge)		 (01/02/2007)
- Holding over
28 Ground
139.35 sq m
(1,500 sq ft)
 AJD FANS
LIMITED		 01/04/2005 From 01/04/2005
(Tenant option 31/03/2020 &
31/03/2022)		 £4,620 01/04/2021
(31/03/2024)
29 Ground
139.54 sq m
(1,502 sq ft)
 INDIVIDUAL 19/06/2017 From 19/06/2017 £5,200 19/06/2020
(18/06/2023)
30 Ground
125.42 sq m
(1,350 sq ft)
 INDIVIDUAL
t/a Phoenix Bikes		 01/05/2014 From 01/03/2018 £4,200 01/03/2021
(29/02/2024)
31 Ground
83.61 sq m
(900 sq ft)
 INDIVIDUAL 01/12/2017 From 01/12/2017
(Tenant option
31/11/2020)		 £5,200
(One month
rent free
from
Sept
2018)		 01/12/2020
(30/11/2022)
32 Ground
39.95 sq m
(430 sq ft)
 INDIVIDUAL 01/06/2017 From 01/06/2017 £2,100 (31/05/2023)
33 Ground
39.95 sq m
(430 sq ft)
 INDIVIDUAL 01/06/2017 From 01/06/2017 £1,800 (31/05/2023)
34 Ground
40.97 sq m
(441 sq ft)
 INDIVIDUAL
t/a Matt Round Motors		 01/06/2017 From 01/06/2017 £1,800 (31/05/2023)
35 Ground
40.97 sq m
(441 sq ft)
 INDIVIDUAL
t/a Matt Round Motors		 01/02/2014 From 01/06/2016
(Rolling
monthly tenant option)		 £1,200 (31/05/2022)
36 Ground
39.95 sq m
(430 sq ft)
 INDIVIDUAL
t/a Matt Round Motors		 01/06/2016 From 01/06/2016
(Rolling
monthly tenant option)		 £1,560 (31/05/2022)
37 Ground
54.63 sq m
(588 sq ft)
 INDIVIDUAL 01/09/2009 From 01/04/2018 £2,158.92 01/04/2021
(31/03/2024)
38 Ground
83.61 sq m
(900 sq ft)
 INDIVIDUAL 01/12/2017 From 01/12/2017 £3,600 01/012/2020
(30/11/2023)
39 Ground
37.16 sq m
(400 sq ft)
 INDIVIDUAL 01/09/2017 From 01/09/2017 £1,200 (31/08/2018)
40 Ground
39.95 sq m
(430 sq ft)
 INDIVIDUAL 01/06/2016 From 01/06/2016
(Rolling
monthly tenant option)		 £1,560 (31/05/2022)
41 Ground
44.59 sq m
(480 sq ft)
 INDIVIDUAL
t/a Protech
Automotive Mobile
Services		 01/04/2018 From 01/04/2018 £1,800 01/04/2021
(31/03/2024)
42 Ground
82.68 sq m
(890 sq ft)
 INDIVIDUAL 01/09/2015 From 01/04/2018
(Tenant
option
31/03/2020)		 £2,532 01/04/2021
(31/03/2024)
43 Ground
44.59 sq m
(480 sq ft)
 INDIVIDUALS 02/11/2017 From 02/11/2017 £2,080 02/11/2020
(01/11/2023)
44 Ground
44.59 sq m
(480 sq ft)
 INDIVIDUAL 01/03/2015 From 01/04/2018 £1,800 01/04/2021
(31/03/2024)
45-46 Ground
100.33 sq m
(1,080 sq ft)
 JAYS FENCING
LIMITED		 01/07/2015 From 01/07/2015 £3,000 (30/06/2018)
47A Ground
250.83 sq m
(2,700 sq ft)
 BURLINGTON
TRADING LIMITED
AND SAVEMONEY
MARKET.CO.UK		 01/02/2018 From 01/02/2018
(Tenant
option 31/01/2021)		 £7,800 01/02/2021
(31/12/2024)
47B Ground
250.83 sq m
(2,700 sq ft)
 INDIVIDUAL
t/a ART Restoration		 01/01/2018 From 01/01/2018
(Tenant
option 01/01/2020)		 £7,200 01/01/2021
(31/12/2024)
48A Ground
83.61 sq m
(900 sq ft)
 INDIVIDUAL 01/10/2013 Licence from 01/10/2014 £2,400 (30/09/2015)
- Holding over
48B/D
&
49A		 Ground
334.44 sq m
(3,600 sq ft)
 TOTAL
VENTILATION
SUPPLIES
LIMITED		 19/03/2018 From 19/03/2018 £12,000 19/03/2021
(18/03/2024)
48C Ground
83.61 sq m
(900 sq ft)
 INDIVIDUAL 01/09/2017 From 01/09/2017 £4,020 01/09/2020
(31/08/2023)
49B Ground
167.22 sq m
(1,800 sq ft)
 GB AUTOMOTIVE 01/08/2016 From 01/08/2016 £5,880 (inc
fixed
service
charge)		 (31/07/2022)
50 Ground
167.22 sq m
(1,800 sq ft)
 INDIVIDUAL
t/a Wacky Racers		 19/07/2017 From 19/07/2017
(Rolling monthly tenant
option)		 £6,480 (18/07/2022)
Yard 1 (Opposite
Units
34-37)
-
-
 DIRECT FREIGHT
LOGISTICS
LIMITED		 01/02/2017 From 01/02/2017 £6,000 12/12/2018
12/12/2020
12/12/2022
Yard 2 (Opposite
Units
30-33)
-
-
 BOX STORE
SCOTLAND
LIMITED		 02/02/2018 From
12/02/2018
(Tenant Option 11/02/2019)		 £5,200 12/02/2021
(11/02/2024)
Land
adjacent
to Unit
47B		 Ground
-
-
 INDIVIDUAL
t/a ART Restoration		 01/01/2018 From
01/01/2018		 £1,800 01/01/2021
(31/12/2024)
Units 1-
20 and
additional
land		 –
-
-
 VARIOUS   13 separate
999 year leases
from 1992
-1998		 Peppercorn –
Total
3,526.13 sq m
(37,956 sq ft)
     £148,071.04    

Property Documents

  • Catalogue Page
    Updated Date
    05.11.19
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    05.11.19
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Bude Nathan Iwanier 1 -2 Temple Fortune Parade, Bridge Lane
London
NW11 0QN
Zalmy Melinek 0208 458 5654zmelinek@bnilaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

You may also be interested in

  • Glocester-48 rszd-noborder-800x450.jpg
    • Save
    • Register
    Cedar House
    Spa Road
    Gloucester
    Gloucestershire
    GL1 1XL
    Status
    Available
    Auction
    09/05/2024
    Lot
    12
    Sector
    Office
    Price*
    £2,950,000
    Yield†
    11.19%
    View Property Detail
  • Wocester-main-noborder-800x450.jpg
    • Save
    • Register
    Co-Op Convenience Store & Café
    29 Amberside Drive
    Worcester
    Worcestershire
    WR4 9DA
    Status
    Available
    Auction
    09/05/2024
    Lot
    13
    Sector
    Supermarket
    Price*
    £925,000+
    Yield†
    7.31%
    View Property Detail
  • TrentPark--Naimv2-noborder-800x450.jpg
    • Save
    • Register
    Trent Trading Estate
    Botteslow Street, Hanley
    Stoke-on-Trent
    Staffordshire
    ST1 3LY
    Status
    Available
    Auction
    09/05/2024
    Lot
    14
    Sector
    Industrial/Warehouse
    Price*
    £2,000,000
    Yield†
    10.71%
    View Property Detail
  • Main rszd-noborder-800x450.jpg
    • Save
    • Register
    49 The Parade
    Leamington Spa
    Warwickshire
    CV32 4BL
    Status
    Available
    Auction
    09/05/2024
    Lot
    36
    Sector
    High Street Retail
    Price*
    £250,000
    Yield†
    11.00%
    View Property Detail

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now