Commercial Property
A Freehold mid terraced property with shop premises overlooking the centre of Wednesbury.
Commercial Investment
A Freehold Commercial Investment with Residential Investment Over
Current Gross Income: £15,696 pa
The ground floor shop is let on a five year Lease from the 1st February 2015 at a rental of £450 per calendar month - £5,400 per annum.
Flat 11a is let on an Assured Shorthold Tenancy for a period of 6 months from the 3rd November 2014 at a rental of £433 per calendar month - £5,196 per annum.
Flat 11b is let on an Assured Shorthold Tenancy for a period of 12 months from the 1st December 2014 at a rental income of £425 per calendar month - £5,100 per annum.
We understand that the property is Freehold and is being sold subject to the existing tenancies.
Strictly by arrangement with the Auctioneers.