Property Description

A freehold part single and part two storey mixed use property located along High Street in West Bromwich consisting of 3 commercial units and 4 apartments. The seller understands that the property is offered let producing £62,400 per annum though they have not had sight of the agreements. Interested parties are advised to inspect the legal pack for more information. Prospective buyers must make all necessary independent enquiries prior to placing their bid, as this will be binding.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Unit 1

511 sq.ft - The seller understands it is let on a 5 year lease commencing August 2019 at £800 per calendar month.

Unit 2

411 sq.ft - The seller understands that Unit 2 and 3 are let on a lease renewable every 12 months at £2,000 per calendar month.

Unit 3

389 sq.ft

Studio Apartment 1

275 sq.ft -The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month.

Studio Apartment 2

235 sq.ft - The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month.

Studio Apartment 3

265 sq.ft - The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month.

Studio Apartment 4

198 sq.ft - The seller understands it is let Assured Shorthold Tenancy believed to be rolling at £600 per calendar month.

TOTAL SQUARE FOOTAGE

2,284 sq.ft (or thereabouts).

Building Construction

Solid brick, as built, no insulation (assumed) - Information taken from EPC.

Flood Risk

Rivers and Seas: No Risk. Surface Water: Very Low Risk.

Broadband

Standard 16 mbps and Superfast 80 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky and BT show as available in this location.

Council Tax

The council tax band is showing on the register as deleted. Prospective buyers should make their own enquiries of the council.

Tenure

Freehold

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