£1,050,000
(£291.67/sq. ft)
Property for saleUnits 1-3 Forge Retail Park, Dudley Road, Lye DY9
3,600 sq. ft
About this property
Prominent roadside fully let investment producing £85,500 pa
Strong tenant MIX - including 'subway' and 'the tanning shop
Reversionary rents
Strong trading location - C.24,000 daily vehicle movements (
Attractive reversionary potential with scope for asset manag
Units 1-3 Forge Retail Park is a high spec roadside retail site which was developed 18 years ago. The property sits adjacent to a newly constructed Greggs plc, opposite a Formula One Autocentre and within very close proximity to a recently constructed Aldi superstore. All tenants have recently committed to the Property – either by renewing their leases or signing a new long-term lease. Unit 1 - 1,500 Sq Ft Unit 2 - 900 Sq Ft Unit 3 - 1,200 Sq Ft 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. Freehold Unit 1 rv - £18,000 Unit 2 rv - £10,250 Unit 3 rv - £16,250 Price on application. Strictly via the retained agents, Hexagon Commercial Property. Please call the offi
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