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183 High Street, Bloxwich, West Midlands, WS3 3LH

Retail for sale

£200,000
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Total price
SOA
Space

PROMINENT HIGH STREET LOCATION INCOME £12,000 PER ANNUM EXCLUSIVE FREEHOLD £200,000 (Subject to the lease) TOTAL FLOOR AREA 154.6SQM (1,664 SQ FT)

Location

This freehold commercial property benefits from a prime trading location situated in the town of Bloxwich, Walsall. The property is located on a busy through road with a high footfall and passing traffic on a daily basis.

The surrounding area has a good mix of business and residential properties in close proximity. The property has good access local amenities and the local road network as well as the regional motorway network.

Accommodation

The property comprises a mid-terraced 3 storey extended building of conventional construction under a pitched roof.

The ground floor comprises a retail shop on 2 levels with kitchen, WCs and stores to the rear and benefits from electric roller shutters and aluminium framed shop front with display window.

The upper 2 floors are accessed internally from within the retail area and comprise partitioned offices and store rooms.

The property comprises the following accommodation:

Sq.M Sq.Ft.

Retail 43.2 465

Kitchen/Stores 14.0 151

Stores 46.8 504

First Floor Office/Stores 32.0 344

Second Floor Stores 18.6 200

Total Approximate

Floor Area 154.6 1,664

Terms

The premises are let for three years from October 2018 on a full repairing and insuring lease at a rent of £12,000 per annum exclusive of rates and all outgoings.

The property is available for sale at offers in the region of £200,000 for the freehold interest subject to the lease.

Rateable value

The Valuation Office website states that the property is currently assessed in the 2017 list as Shop and Premises with an RV of £14,500

Enquiries to Walsall Council Rating Authority on .

Services

We understand that electricity, water and mains drainage are connected to the property.

The agents have not tested the services and prospective tenants are advised to make their own enquiries regarding the adequacy and condition of these installations.

Planning

It is understood that the property has A1 (Retail) use. Enquiries can be made with the planning department - .

Viewings

Each to bear their own costs in the transaction.

VAT

All figures quoted are exclusive of VAT which will be added as required.

Additional Information

The Property has an Energy Performance Asset Rating of D - a copy of the certificate is available.

Misdescription act

CONDITIONS UNDER WHICH THESE PARTICULARS ARE ISSUED:

Chivers Commercial for themselves and for vendors or lessors of this property whose agents they are give notice that:

(i) the particulars are set out as a general outline only for guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract;

(ii) all descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

(iii) no person in the employment of Chivers Commercial has any authority to make or give any representation or warranty whatever in relation to this property.

Listed Features

  • General Retail
  • Multiple floors
  • No FRI Lease
  • Kitchen
  • Security Shutters
  • Office
  • Outdoor Space
  • Use Class - A1
  • Storage
  • High Street
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Chivers Commercial