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Land currently used as a Car Wash situated at the corner of Halesowen Road & Hill Passage, Cradley Heath, B64 6HX

Sold Prior to auction, for an undisclosed amount.
 

Guide Price SOLD PRIOR plus fees


Thursday 5th May 2016

11.00am
Key Features
A Freehold Commercial Investment Opportunity
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Sold Prior to auction, for an undisclosed amount.

Land

Ground Conditions & Contamination

Prospective purchasers must undertake their own investigations with regard to ground conditions and contamination and fully satisfy themselves as to the suitability of the site for any use they may propose.

Is Preliminary Lot

False

Location

The property which has frontages to both Halesowen Road and Hill Passage is situated in a prominent position within the Old Hill Local Centre.
Other business centres such as Dudley, Halesowen and Stourbridge are about 3, 2.5 and 5 miles respectively whilst junction 2 of the M5 motorway is about 3 miles.

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 site extending to 0.28 acres (0.11 hectares) which is currently operated as a car wash and associated uses. There are also certain temporary structures presently on the site which we are informed have been placed there by the current tenant and are not included in the sale. For clarification in this regard please refer to the Legal Pack.

Property Type

Commercial Investment

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

The property is sold subject to, or with the benefit of any rights of wayleaves, easements, restrictive covenants etc. which may exist whether mentioned in these particulars or not. We do however understand that various service supplies etc. are situated within the site.

Tag Line

A Freehold Commercial Investment Opportunity

Tenancy Details

We are informed that the site is let on an FRI basis for a term of 9 years from the 27th June 2013. For confirmation of the terms of the Lease, rent reviews, break clauses and the current gross rent, please refer to the legal pack.

Tenure

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

Value Added Tax

We are informed that VAT will be charged on this Lot but for confirmation please refer to the Legal Pack.

Viewings

External viewings only.

Tenure: