Sold £521,000
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Commercial Investment Fully Let to Telefonica UK Ltd T/A O2 Producing £65,000 Per Annum
The property comprises a commercial investment situated within a mid terrace building arranged over the ground and first floors.
Tenure
Freehold
Location
The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include, Primark, M&S and McDonald's. The open spaces of West Park are within easy reach. Transport links are provided by Wolverhampton rail station.
Accommodation
Ground Floor Retail Unit G.I.A. Approximately 184.5 sq m First Floor Ancillary Space G.I.A. Approximately 143.4 sq m
Tenancy
The property is subject to an FRI lease expiring March 2026 at a rent of £65,000 per annum.
VAT is Applicable
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
