FREEHOLD DEVELOPMENT SITE with planning for 16 apartments based DUDLEY, WEST MIDLANDS

Development site with planning consent for 16 apartments and based DUDLEY in the West Midlands.

The subject property occupies an ideal and very convenient trading position for any number of potentially lucrative commercial or residential development ventures in a densely populated mixed residential and commercial quarter of the vibrant satellite town of Dudley, which lies with excellent access both to major road and motorway links (A461, A4036, A4123, A449, A458 and M5 junction 2 etc.) and to the nearby centres of Wolverhampton (approximately 6 miles) and Birmingham (approximately 10 miles) in the West Midlands.

We are delighted to present this fantastic opportunity to acquire the valuable freehold rights to a commercial property of uncommon size, quality and outstanding future possibilities, which we are confident you will agree represents exceptional value.

These extremely spacious and well maintained freehold premises has previously operated successfully and profitably for many years as a thriving MOT, tyre fitting and general auto repairs centre, but are now made available to furnish a host of business options for any new owner which are really only limited by the imagination and, of course, by any applicable planning restrictions.

This would naturally present a truly outstanding opportunity to anyone seeking the ideal premises in which to embark upon any number of potentially lucrative automotive or allied light industrial ventures requiring that super combination of extensive and adaptable workshop and ancillary facilities, coupled with a commercially highly desirable location.

Alternatively, this versatile proposition would most certainly appeal to someone simply looking to very significantly increase their existing investment portfolio by the acquisition of a substantial and extremely well located additional freehold property which would be eminently capable of achieving a very healthy return on initial capital investment in terms of future rental income, or sell-on value after pursuing the property’s valuable existing planning consent for residential development, and we would strongly recommend the earliest possible viewing to avoid disappointment.

Affording easy vehicle access by means of large, full-height industrial doors, these substantial and well maintained detached freehold commercial premises provide excellent and highly functional internal business accommodation to the GROUND FLOOR, which briefly comprises the main, bright and spacious, open-plan, former garage workshop area with concrete flooring, high ceiling, diffused fluorescent lighting throughout, extensive tool and tyre storage racking, workbench area and staircase access to a small MEZZANINE LEVEL employed for general storage purposes.

Offering ample internal work space for approximately 10 vehicles, the workshop is currently equipped to high industry specifications with an extensive inventory of well maintained, industry standard plant including 1 x 4-post ramp, 2 x 2-post ramps, compressor, a dedicated tyre bay with full range of tyre fitting and wheel balancing equipment and a separate dedicated Class IV MOT bay with full complement of state-of-the-art testing and diagnostic equipment, all of which we understand is to be included in the sale price if required and further details of which will be made available upon request to any genuine interested parties.

Further ancillary accommodation to the workshop premises consists of two additional, good-sized former general/parts storage areas.

Accessed directly from the workshop area, or by means of its own separate public/personnel entrance, the premises also incorporate a bright, welcoming, fully furnished and equipped client reception and service area with comfortable seating for waiting customers, MOT viewing area and doorway access to a fully furnished and equipped MOT and general administration office with full complement of telephone lines and industry-specific business management systems.

Further ancillary internal business accommodation consists of separate washroom/WC facilities for staff and customers.

The premises also enjoy the benefit of double glazing and a mains electricity power supply, in addition to the added safety and security benefits of CCTV monitoring and smoke alarm systems.

Externally:

Extending to approximately 0.25 acres in total, to the exterior the premises are well presented and incorporate a substantial forecourt area with perimeter fencing and secure gated access providing private unrestricted off-road parking facilities for approximately 15 vehicles.

*We are further informed that the property currently holds valuable existing planning consent for the construction of a total of 16 self-contained residential apartments, further details of which may be obtained by contacting our offices.

25 metre x 50 metre - 13,454 sq ft

The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price