Land at, 53a Moor Street, Brierley Hill, Dudley, DY5 3SZ

Location

Situated on the corner of Moor Street and Addison Road, Brierley Hill, the site occupies a highly prominent position forming part of the south-west gateway into Dudley town centre. The land further benefits from extensive frontage to the Stourbridge Extension Canal. Conveniently located near to shops and amenities, the site offers access to both the A4036 (Merry Hill) and A491 (Camp Hill) within five minutes by car.

Description

A triangular shaped site measuring approximately 0.5 acres with prior approval not needed for the development of 28 residential apartments, and awaiting planning decision on an alternative 45 residential unit scheme. This land plot can also lend itself to a variety of other uses such as retail, care, industrial or storage (STP). Comprising a vacant two-storey former office building measuring approximately 22,500 sq ft internally. The site - with a single access from Moor Street - is bounded by Moor Street, the adjacent Albion Works and the canal.

Price

Offers in excess of £550,000 are sought for the freehold interest.

Planning

Prior approval is not needed for the development of 28 residential apartments under application number P15/1308/PN3O by Dudley Metropolitan Borough Council. Further plans have been submitted to Dudley Metropolitan Borough Council for the development of 45 residential apartments under application P20/1705.

VAT

We are advised that VAT is payable in addition to the purchase price.

Services

We understand that all main services are connected to the property but have not been tested by Bond Wolfe.

Legal Costs

Each party is to be responsible for their own legal costs that may be incurred in this transaction.

Anti Money Laundering

In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.