Lye Valley Industrial Estate is located on Bromley Street in Lye, accessed off the A458 Stourbridge Road.
Junction 3 of the M5 motorway is approximately four miles distant.
The Estate comprises 28 industrial/warehouse units of various sizes, with parking and loading areas fronting each unit.
The available unit comprises of a steel portal framed construction with insulated profile steel clad elevations, incorporating translucent light panels to the roof covering.
The unit benefit from a roller shutter door, strip fluorescent lighting, and a single W.C.
The estate is fully fenced with security gates, and a CCTV system in operation.
Mains 3-phase electricity, gas and water are connected to the property.
The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.
Unit 17 – 1,100 sq ft (102.19 sq m)
Exclusive of VAT, building insurance, business rates, service charge, water rates and all other outgoings.
These premises will be available under a new full repairing and insuring lease for a term to be agreed.
A variable small charge is levied on the unit in order to cover of the upkeep and maintenance and management etc. of common parts and facilities. Levied on a fair proportion basis.
The landlord will insure the building, with the premium to be reimbursed by the tenant.
Full vacant possession will be offered to a new tenant upon completion of all legal formalities.
Each party will be responsible for their own legal costs incurred in the transaction.
2017 Rateable Value – £4,600
Small business rate relief may apply, subject to status.
We are advised that the property has consent for B1 (light industrial), and B8 (storage and distribution).
Prospective tenants should seek confirmation from the local authority.
Available from the agents.