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Land off Alexandra Road (A), Tipton, DY4 9SJ

Sold for for £162,000.
 

Guide Price £120,000-£130,000 plus fees


Thursday 22nd October 2015

11.00am
Key Features
A Freehold Investment Opportunity comprising a parcel of land let to various organisations<1mm/> Current Gross Income: £19,694 pa.
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Sold for for £162,000.

Land

Ground Conditions & Contamination

Prospective purchasers must undertake their own investigations relative to ground conditions and contamination and independently satisfy themselves as to suitability of the site for any use or development they may propose.

Is Preliminary Lot

False

Location

The property is situated adjacent to an industrial Estate off Alexandra Road in Tipton about ¼ of a mile to the east of Tipton Railway Station and the main shopping area off Owen Street and in a general locality which has been subject to various regeneration and residential redevelopment in recent times.

Plans

Any plans provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Property Description

The property comprises an irregular shaped parcel of land which is currently subject to various lease and licence arrangements.

Property Type

Land & Development Opportunities & Garages

Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.

The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not. We do however understand that various service supplies etc. maybe situated within the site.

Tag Line

A Freehold Investment Opportunity comprising a parcel of land let to various organisations
Current Gross Income: £19,694 pa.

Tenancy Details

We are informed that the site is subject to various lease arrangements, producing a current gross income of £19,694 per annum.
Full further details of the tenancies and clarification of the terms of the leases and the current gross rent please refer the Legal Pack.

Tenure

We understand that the property is Freehold and is being sold subject to various existing tenancies and agreements. For further information in this regard please refer to the legal pack.

Value Added Tax

The vendor reserves the right to charge VAT. For clarification in this regard, please refer to the legal pack.

Viewings

External Viewings Only

Tenure: