*Guide | £200,000+ (plus fees)
- Retail Property (high street)
- Tenure: The property will be sold on a new 999 year lease.
Call the team on 020 7625 9007 for more information
A Lower Ground and Ground Floor Shop Let Producing £30,000 Per Annum
The property comprises a lower ground and ground floor shop situated within a mid terrace building arranged over ground and two upper floors.
Tenure
The property will be sold on a new 999 year lease.
Location
The property is situated in Dudley city centre close to local shops and amenities. Nearby multiples include B&M, Costa Coffee and Santander. Transport links are provided by Tipton rail station.
Accommodation
Lower Ground Floor Basement -G.I.A Approximately 174 sq m (1,877 sq ft) Ground Floor Retail Unit -G.I.A Approximately 301 sq m (3,244 sq ft) VAT is Applicable
Tenancy
The lower ground and ground floor shop are let on an FRI lease let to CEX Limited for 10 years from 27/11/2024 at a rent of £30,000 per annum.
Energy Efficiency Rating (EPC)
Current Rating D
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.
