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Property Details
Key features
- Freehold Premises For Sale
- Buisness Not Affected
- Flat and bedsit to the Rear
- Shop with 5 Year Lease
- £1000pcm Current Income
Great investment opportunity to purchase his Freehold property in a prime High Street location opposite Tesco in Cradley Heath. contact Connells on 0121 550 6465 for further information.
A fantastic investment opportunity, this freehold property consists of a High Street located shop which is currently occupied on a 5 year lease with 4 years remaining and ground floor bedsit and first floor flat to the rear.
Shop Premises
The property is located in a prominent High Street location opposite Tesco. The shop is currently tenanted on a 5 year lease with 4 years remaining paying £450 pcm. Front door opens to the shop premises which is currently being used as an African food shop.
Flats
There is a locked gate a few doors from the shop with pathway leading to shared courtyard area and door opens to hallway, the door to the right opens to the bedsit and the door to the right has stairs leading to the first floor flat
Bedsit
A compact bedsit with bedroom area, kitchenette and facilities. Tennants were paying £200 pcm it is now vacant.
First Floor Flat
Stairs lead to the first floor with open plan kitchen/living space with door to facilities, window to rear and door to bedroom which has window to the front. The tenants were paying £350 pcm, the flat is currently vacant.
While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
