property
Basement:
Storage.
Ground Floor:
Shop & Store Room.
First Floor:
Two Rooms, Kitchen & Bathroom.
We have not undertaken an internal inspection. All interested parties must seek their own verification of the accommodation.
Wolverhampton Street is located in the heart of Dudley Town Centre. The property is situated at the junction of Wolverhampton Street and Southalls Lane. The property is located within a mixed environment of residential and retail uses within a short walk of Dudley Town Centre.
The property comprises a terraced building of brick construction arranged over basement, ground and two upper floors beneath a pitched roof. The property is internally arranged to provide a basement and ground floor shop unit, together with a first and second floor flat.
Commercial Investment
A Freehold Retail and Residential Investment Opportunity
Current Rental Income: £6,920 pa.
Ground Floor:
We are advised that the property is let by way of a new 5 year Lease, at a rental of £2,500 per annum.
First Floor:
The first floor living accommodation is let by way of an Assured Shorthold Tenancy, at a rental of £372 per calendar month.
Further details and copies of the Leases will be available within the legal pack.
We understand that the property is Freehold, subject to the tenancies below.
VAT will not be chargeabe on this transaction.
Strictly by arrangement with the Auctioneers.
For further details, please contact Ian Tudor on 0121 237 4850.
