*Guide | £300,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £40,000 Per Annum
The property comprises a mid terrace building arranged to provide a ground floor retail unit with ancillary accommodation on the first and second floors.
Tenure
Freehold
Location
The property is situated in Dudley City Centre close to local shops and amenities. Nearby multiples include Greggs, Costa Coffee and Santander. The open spaces of Priory Park are within easy reach. Transport links are provided by Tipton rail station.
Accommodation
Ground Floor Retail Unit G.I.A. Approximately 105 sq m First Floor Ancillary Accommodation G.I.A. Approximately 95 sq m Second Floor Ancillary Accommodation G.I.A. Approximately 30 sq m
Tenancy
The property is subject to an FRI lease for a term of 15 years commencing 12th November 2007 at a rent of £40,000 per annum (Holding Over).
Energy Efficiency Rating (EPC)
Current Rating C
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.
