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Listed Apr 27, 2024

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01384 374888

By Hexagon Commercial Property

Description

" A rare opportunity to occupy a prime roadside site on the busy A4036 Dudley Road with c.24,000 vehicle movements. Forge Retail Park is a high spec roadside retail site which was purpose built for retail occupation 15 years ago most recently the site has been extended adding an extra 3,000sq.ft. which is now occupied by Greggs PLC and an Electrical Trade Counter. Subway occupy Unit 3 and have recently extended their lease, committing further to the trade that this site brings. All services are on site and the units are available for occupation early in 2024.
Unit 1 1,500 Sq Ft 139.4 Sq M Unit 2 900 Sq Ft 83.6 Sq M
The site is situated on the main A4036 Dudley Road, approximately 0.25 mile from the Lye junction with the A458 Stourbridge Road. Lye Railway Station is 0.25 mile to the south and the motorway network is accessible via M5 Junction 3 which is approximately 5.5 miles away. Immediate adjoining occupiers include Subway, Aldi, Formula One AutoCentre and Shell Petrol Station.
Leasehold
The rateable value is currently for both units combined, which is £29,750 and rates payable of £14,845.25. Should the units be let separately then the rateable value will need to be reassessed.
The premises are to be let by way of new lease on terms to be agreed. "