Light Industrial in Bilston
5 Webb Street, Bilston, West Midlands WV14 8XL
- Lot No: 97
- Property Type: Light Industrial
- Contract Type: Unconditional with Variable Fee
Guide Price* £275,000 plus fees
Property Description
The property comprises an industrial unit with mezzanine office, warehouse with electric roller shutter and personnel/customer entrance doors, ancillary rooms, WC, kitchenette, secondary roller shutter access and fire exit to the rear. The premises are located on Webb Street which provides ample space for heavy goods vehicles. The property itself is sat back behind a forecourt and also includes security gates to the front and additional forecourt space allowing vehicles to park or manoeuvre. The property is currently internally split into two parts Unit 5 and Unit 5A. The partition has been done with modular dry stud wall panels, each unit has its own rateable value and we feel should a buyer wish to remove this it would be simple to do. Two separate tenants could occupy the premises as both units 5 and 5A have their own entrances. The accommodation provides circa 6,022 sq ft of space and includes offices to the front a first floor with additional mezzanine area to the rear of the main warehouse. The building is of block and brick construction with steel post and truss frames with a corrugated cement sheet roof, see legal pack for further details. Services: Gas, Water, Electricity including 3 phase power. The property is located mid-way between Dudley and Bilston both a short distance from Wolverhampton. The A4123 Birmingham New Road is also a short distance away, and junction 10 of the M6 is approx. 6 miles making this a very popular location for both light and heavy industrial activities. Coseley railway station is less than half a mile from the premises.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 25th April 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
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