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High Street Cradley Heath, Dudley
£330,000
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- INVESTMENT OPPORTUNITY
- YIELD £25,900
- RECENTLY REFURBISHED
- FULLY LET (EXCEPT FLAT)
- 3 UNITS (2 COMMERCIAL, 1 RESIDENTIAL)
- PRIME LOCATION
- OFF ROAD PARKING
INVESTMENT OPPORTUNITY.......We a delighted to offer this 1930's former Bank premises in a prime location located opposite Tesco Super Store on Cradley Heath High Street. The property has undergone an extensive programme of refurbishment and now comprises 3 individual units (2 x commercial and 1 x residential). Total Investment yield £25,900
Unit 1 - 28A High Street - Let - R.S. Photography
Ground floor and basement 108.25 SqM /1165 SqFt
Current rateable value £9,800 - Sandwell MBC
EPC C57
Unit 2 - 1A Prince Street - Let - Cryosthetics Ltd
Ground floor 48.87 SqM/526 SqFt
Current rateable value £2100 Sandwell MBC
EPC TBC
Unit 3 - 28 High Street - Potential rental income
Council tax band A £925.94 Sandwell MBC
EPC TBC
TOTAL INVESTMENT YIELD
Total Investment yield £25,900.
TENURE
Freehold - Businesses are unaffected.
PRICE
We are instructed to seek offers with a guide price of £330,,000 for the Freehold interest. The purchase price does not attract VAT.
VIEWINGS
Viewings by appointment. Please contact our Stourbridge office on 01384 444004.
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Dudley, West Midlands B64 5HG