37 bedroom residential development for sale

75-79 High Street & 76-81 King Street, Dudley, West Midlands, DY1

£1,495,000
1,019–20,475 sq. ft.

Property Description

Commercial information

  • 1,019 sq ft (94 sq m)
  • Use class orders: A1 Shops and A5 Hot Food Take away

Key features

  • Opportunity for Investment & Residential Conversion
  • Planning permission for conversion to 33 apartments
  • Three Retail Units - Income Producing
  • Town Centre Location
  • Large Car Park
  • Potential Subject to Planning for 4 Studio Flats

Full description

Tenure: Freehold

Freehold Property For Sale
With Planning Permission for Conversion of Part to 33 Flats and 3 Shop Units on the Ground Floor fronting High Street.

The property is on basement, ground and first floors with the following floor areas:

External:
To the rear of the property there is a very large area currently used as a car park

Leases:

75 High Street
Let to Usha Kabichelyan on a full repairing insuring lease of 20-years wef from 24 March 2007 at 26,000 pa with 5-yearly rent reviews.

79 High Street
Let to Miss S Rathresha on a full repairing insuring lease of 20-years wef 3 January 2005 at 12,000 pa with 5-yearly rent reviews.

Vacant Areas:

Rear Ground Floor/First Floor
Planning consent was granted on 27 June 2016 for part conversion and extension of the existing building with second floor to form 33 no. apartments with associated car parking and an additional retail unit.

Basement
This area has potential, subject to planning for conversion to 4 no. additional studio flats


More information from this agent

Nearest stations

  • Tipton (1.7 mi)
  • Dudley Port (1.9 mi)
  • Coseley (2.5 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest stations

  • Tipton (1.7 mi)
  • Dudley Port (1.9 mi)
  • Coseley (2.5 mi)
Distances are straight line measurements from centre of postcode

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