Property Image
1/7
Sold STC
View Floorplan 1
View Floorplan 2

Sold STC

£225,000 Guide Price

Warehouse Sold STC

UNIT 2 Roway Lane, Oldbury

Map

Key Features

  • FREEHOLD
  • MODERN METHOD OF AUCTION
  • SUBJECT TO RESERVE PRICE
  • SOLD BY MODERN METHOD OF AUCTION(T&Cs apply)
  • BUYER FEES APPLY
  • GOOD TRANSPORT LINKS

Description


Discover a remarkable opportunity with this freehold commercial property in Oldbury. Boasting over 290 square meters of expansive factory floor space, along with essential amenities including two offices, three bathrooms, and a kitchen area, this property is tailor-made for businesses seeking both functionality and convenience. Furthermore, its strategic location close to the motorway ensures seamless connectivity for various business operations.


Key Features:


Factory Floor: The heart of this property is its spacious factory floor, offering more than 290 square meters of open workspace. Whether you need space for manufacturing, assembly, warehousing, or any other industrial activity, this area provides the versatility required for your business.


Offices: The property includes two well-designed offices, perfect for administrative tasks, meetings, or as workspace for management. These offices are positioned to maximize efficiency and workflow.


Bathrooms: With three bathrooms on-site, employees and visitors alike will appreciate the convenience and accessibility. This ensures a comfortable and efficient work environment.


Kitchen Area: The kitchen area allows for meal preparation, break time, and communal gatherings. It adds an extra layer of convenience to the property, enhancing the overall work experience for your team.


Motorway Proximity: Situated close to the motorway, this property offers excellent connectivity for transportation and distribution. Whether receiving shipments or sending out products, your business can easily access major roadways for efficient logistics.


Freehold Ownership: Owning the property as a freehold ensures stability and long-term control over your business premises, providing potential for future value appreciation.


Parking: space for at least 8 vehicles 

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the

Auctioneer, iamsold Limited


This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers

solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,

affordability and survey).


The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price

including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as

part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification

verification process with iamsold and provide proof of how the purchase would be funded.


This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything

you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation

Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the

preparation cost of the pack, where it has been provided by iamsold.


The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements.


The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they

will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral

arrangement and payment prior to any services being taken by you.





Rooms

This home includes:
  • 1 - Workshop

    17.1m x 14.2m - 56'1" x 46'7"

  • 2 - Office

    3.2m x 3.6m - 10'6" x 11'10"

  • 3 - Back Office

    3.2m x 4.48m - 10'6" x 14'8"

  • 4 - Kitchen

    3.19m x 2.7m - 10'6" x 8'10"

  • 5 - Bathroom

    3.19m x 1.78m - 10'6" x 5'10"

  • 6 - WC

    2.17m x 1.26m - 7'1" x 4'2"

  • 7 - WC

    2.17m x 1.25m - 7'1" x 4'1"

Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.

Summary

Additional Information:

  • Council Tax: Band TBC