Guide Price = £135,000 - £145,000
Property for auction on 22nd May at 11:00 at Property Description:
A substantial property of brick construction surmounted by a tiled roof. The property consists of a ground floor retail unit having previously been used as a fish and chip shop and a separate self-contained two bedroom flat to the first floor. The property is offered for sale in a presentable condition and the first floor flat benefits from having UPVC double glazing and gas fired central heating. The property is situated at the junction with Westbourne Street and Butts Road and is within approximately half a miles distance from Walsall Town Centre which provide a wide range of shops and amenities.
Tenancy Information
The ground floor retail unit is currently vacant, however we are informed by the current owner that the previous tenant was paying a rental of £750 pcm (£9,000 per annum) and the first floor flat is let on an Assured Shorthold Tenancy Agreement producing a rental income of £460 pcm (£5,520 per annum), The tenant has been in occupation for in excess of 4 years and has not had a rent review.
Accommodation:
Ground Floor
Main Retail Area (seating and serving) measuring 39.33 sq.Mtrs (423 ), Preparation Area 15.26 sq.Mtrs (164 ), Store Room 8.26 sq.Mtrs (88 ), Rear Storage Area 11.08 sq.Mtrs (119 ), Inner Lobby, WC and wash basin, Separate Entrance off Westbourne Road, ground floor, stairs, First Floor
Landing, Lounge, 2 Bedrooms, Bathroom with panelled bath shower over, wash basin and WC, Kitchen/Dining Room
Outside:
Roof Terrace
Legal Documents Available at
Viewings Via Cottons
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