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Commercial Property for sale

St Andrews House, High Street, Amblecote, Stourbridge

£599,950

Property Description

Key features

  • SIX RESIDENTIAL APARTMENTS
  • INCOME PRODUCING
  • LET ON AST’S
  • ADDITIONAL INCOME FROM AERIALS
  • FREEHOLD
  • ON SITE CAR PARKING

Full description

Tenure: Freehold

LOCATION Well situated with major prominent road frontage in Amblecote Stourbridge within easy reach of the town centres of both the Amblecote and Stourbridge. Stourbridge Railway Station and Transport Hub is within easy walking distance as are all local facilities.

DESCRIPTION The property comprises a modern three storey building converted into large fully fitted and refurbished apartments private car parking is available to the rear of the property accessed from Piper Place close to its junction with High Street Amblecote.

PRICE Offers are sought of £599,950 for the freehold of the property subject to the tenancies as shown on the attached schedule. Note two of the apartments have been freshly refurbished and recently put on the open market to let on new Assured Shorthold Tenancies.
Note the aerials are let on a 15 year lease from 2006 and subject to 5 yearly rent reviews. The tenants have indicated a wish to renew this lease.

COUNCIL TAX The tenants are responsible for all council tax and business rates.

LEGAL COSTS Each party to be responsible for all of their own costs n this transaction.

VAT All figures are quoted net of VAT which is not chargeable.
LOCAL AUTHORITY
Dudley Metropolitan Borough Council
Council House,Priory Road,
Dudley, DY1 1HF
Tel 01384 81 81 81
www.dudley.gov.uk

FIXTURE AND FITTINGS All fixtures and fittings, unless specifically mentioned in these sale particulars, are strictly excluded from the letting of these properties. The apartments are let unfurnished.

VIEWING Strictly via sole agents

ENERGY PERFORMANCE CERTIFICATES
Individual EPCS’s for each unit are available please contact 01384 397 797

GENERAL TERMS

VAT
VAT is not levied on the purchase price or rentals
Services
The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor.
References
The successful purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
Money Laundering
The successful purchaser will be required to submit proof of identity, in accordance with money laundering regulations.
Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.
Areas & Dimensions
All areas and dimensions are deemed to be approximate only.


Property ref: 121_1560_4020334


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Disclaimer - Property reference 4020334. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Walton & Hipkiss, Stourbridge - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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