Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property
SOLD STC

Mill Street, Brierley Hill, DY5

Guide Price
£325,000

Business rates & charges may apply

Royal Estates Commercial, Nationwide
SIZE

Ask agent

SECTOR

High street retail property for sale

Key features

  • UNDERTHEHAMMER.COM
  • MIXED USE INVESTMENT
  • FREEHOLD

Description

For Sale by under the hammer online auction. 27th - 29th November 2023. Guide Price £325,000. A freehold fully occupied investment property currently achieving £34,750 Per Annum. 

Generating £34,750 Per Annum with scope to increase. 

The property comprises of a two storey terraced building of brick construction surmounted by a pitched roof. Benefiting from 3 commercial investment premises to the ground floor and a further 3 self-contained Flats (2 One bedroom flats and 1 Studio Flat).

ACCOMMODATION

9 Mill Street

Ground Floor (Hairdressers) – Retail premises with storage space, kitchen, and W/C - £6200:00PA (15yrs+ Occupied FRI Lease)

First Floor (1 Bedroom Flat) – Self-contained first floor flat, double bedroom, living area, kitchen and bathroom - £6720:00 PA(6 month AST)

 

11 Mill Street

Ground Floor (Nail Bar) – Nail Bar premises with storage space, kitchen and W/C - £5750:00PA (19yrs Occupied FRI Lease)

First Floor (Studio Flat) – Self-contained Studio flat, Open Plan bedroom, living area, kitchen and bathroom - £ 5160:00PA (6 month AST)

  

13 Mill Street

Ground Floor (Tattoo Parlour) – Tattoo Parlour with storage space, kitchen, and W/C - £4200:00PA (5yrs+ Occupied FRI Lease)

First Floor (1 Bedroom Flat) – Self-contained first floor flat, double bedroom, living area, kitchen, and bathroom. - £ 6720:00PA (6 month AST)

Outside – Small yard to the rear of the premises

LOCATION

Brierley Hill is a town within the Metropolitan Borough of Dudley and is located between Dudley and Stourbridge, approximately 10 miles west of Birmingham city centre.

For bidding please visit: underthehammer. com

*START PRICES & RESERVE PRICES

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

EPC

EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.

UNCONDITIONAL AUCTION DETAILS

Contracts are exchanged immediate at the end of the auction and a 5% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.

Completion will be 8 weeks. (56 days)

Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.

FULL TERMS & LEGAL DOCUMENTATION

Available at underthehammer. com

Brochures

Mill Street, Brierley Hill, DY5

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lye Station1.5 miles
  • Cradley Heath Station1.5 miles
  • Stourbridge Town Station2.0 miles

About Royal Estates Commercial, Nationwide

Head Office, 464 Bearwood Road, Bearwood, Birmingham, B66 4HA

At Royal Estates, our experienced team of commercial property agents focus on industrial, warehouse, office and retail properties. We let, sell and manage commercial properties across the whole of the UK, focusing in and around Birmingham, the Black Country, West Midlands, Worcestershire and Shropshire.

Our team have an understanding of the property market, allowing us to give pragmatic, targeted advice on the disposal and acquisition of both freehold and leasehold properties. Throughout our years in the property market, we have established an extensive network of contacts which enables us to market properties effectively, whether you are buying, selling or letting.

We respond instantly to new enquiries, arranging viewings at the earliest opportunity to convert the highest percentage of enquiries into lettings or sales. Whether your property is a warehouse, factory, office, shop or restaurant, we ensure that your property is sold or let quickly and efficiently.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 2908. 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 Royal Estates Commercial, Nationwide. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Royal Estates Commercial, Nationwide on 0121 387 6840.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.

Email

Call

Email