Commercial Property for sale

RETAIL / RESIDENTIAL PROPERTY, 44 Louise Street, Gornal, West Midlands

Sold STC £155,000

Property Description

Key features

  • RETAIL UNIT - LET
  • TWO BED FLAT - LET
  • LARGE REAR GARDEN
  • EXCELLENT INVESTMENT
  • TOWN CENTRE LOCATION
  • FREEHOLD

Full description

Tenure: Freehold

RETAIL / RESIDENTIAL PROPERTY - FOR SALE -OFFERS BASED ON £155,000 - Current Income £13,500 per annum exclusive.

LOCATION The property is located in a prominent position on Lousis Street in Gornal some 2.76 miles form Dudley Towen Centre. The proeprtry has a good frontage to the street with on road car parking and accces to the flat from a seperate door.

DESCRIPTION The property is a substantial and attractive building arranged over two floors with a large rear garden area. The property is subdivided into a well proportined and well fitted retail unit (LET) and a two bedroom flat to the first floor, all self contained.

ACCOMMODATION
SHOP Serene Tanning LET £650 PCM
FIRST FLOOR Two bedroom flat LET £475 PCM

TENURE The shop is let on a short term lease and the flat on an Assured Shorthold Tenancy.

ASKING PRICE Offers in the region of £155,000 subject to contract.

PLANNING The property has existing use as retail with residential.
Prospective purchasers should satisfy themselves as to both the existing and intended uses of the property with Planning Authority - Dudley Metropolitan Borough Council

BUSINESS RATES & COUNCIL TAX Tenants are responsible for business rates and council tax and the Purchaser is advised to confirm their rates liability with the local rating authority. The rateable value of the shop is

LEGAL COSTS Each party will responsible for all their own costs in respect of this transaction.

VAT VAT is not payable on the purchase.

FIXTURE AND FITTINGS
The property is to be sold as seen.

VIEWING Strictly by appointment with the Agents on 01384 397 797.


GENERAL TERMS

VAT
VAT maybe levied on the purchase price / rentals or other outgoings
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 tenant 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.
© Walton and Hipkiss


Property ref: 121_1560_4015537

More information from this agent

Nearest stations

  • Coseley (2.7 mi)
  • Tipton (2.9 mi)
  • Dudley Port (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Walton & Hipkiss, Stourbridge - Commercial

Hagley Road, Stourbridge, DY8 1QH

01384 737039 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Coseley (2.7 mi)
  • Tipton (2.9 mi)
  • Dudley Port (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Walton & Hipkiss, Stourbridge - Commercial

Hagley Road, Stourbridge, DY8 1QH

01384 737039 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4015537. 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.

Map data OpenStreetMap contributors.