Units 30-31 Premier Estate, Leys Road, Brierley Hill, DY5 3UP
A pair of industrial units in Brierley Hill
A Pair Of Long Leasehold Industrial Units With Vacant Possession
Property DescriptionA rare opportunity to acquire two industrial units on the well established Premier Partnership Estate, in Brierley Hill with allocated parking outside the units. The units are of brick construction with full height roller shutters to the front of each unit and circulation space for HGV access.
LocationThe property is predominantly located at the head of the popular Premier Partnership Estate on The Leys, Brockmoor. Premier Partnership Estate is a well positioned and established industrial estate comprising a series of self contained units designed for industrial and warehouse uses. The estate is located in the Brockmoor area, with Wolverhampton and Birmingham city centres both located within 13 miles as well as access to the M5 motorway ad its surrounding networks being 7.5 miles away.
AccommodationUnit 30 - 1,367 Sq Ft
Unit 31 - 756 Sq Ft
Total 2,123 Sq Ft
Energy Performance RatingSee Legal Pack
TenureLong Leasehold – Vacant possession upon completion.
Lease DetailsLease Term: 999 years from 7th June 1996 with approximately 972 years remaining.
Ground Rent: Peppercorn.
Service Charge: The Service Charge is a proportionate Estate Charge based on certified expenditure on the common estate roads and facilities.
Full lease details will be available within the legal pack.
Auctioneer's NotePlease note offers may be considered prior to the Auction Sale.
ViewingsStrictly by appointment with the Auctioneers.
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.