74, Cradley Road, Cradley Heath, West Midlands, B64
- SIZE AVAILABLE
1,198 sq ft
111 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops, A2 Financial and Professional Services, A3 Restaurants and Cafes, A4 Drinking Establishments, A5 Hot Food Take away and Class E
A1, A2, A3, A4, A5, E
Key features
- PROMINENT VACANT RETAIL UNIT IN THE HEART OF CRADLEY HEATH
- ASSET MANAGEMENT OPPORTUNITIES
- 3 RESIDENTIAL DWELLING ABOVE PRODUCING £11,880 PER ANNUM
Description
The property boasts a prominent position on the busy Cradley Road with a number of local retail & leisure occupiers in the near vicinity.
DESCRIPTION
The property comprises a ground floor vacant fully fitted fish & chip shop. The upper parts comprise a 1 no. 1 bedroom flat and 2 no. bed sits which currently produce a gross rental income of £11,880 per annum. Internal images of uppers available from the agent upon request.
ACCOMMODATION
Ground Floor
Retail 727 sq ft
Prep Area 1 300 sq ft
Prep Area 2 107 sq ft
Prep Area 3 64 sq ft
Total NIA 1,198 sq ft
First Floor
1 bedroom flat -
2 bedroom flat -
PURCHASE PRICE
Offers in the region of £275,000.
TENANCIES
Please contact the agents for copies of the AST's.
RATING ASSESSMENT
Rateable value: £7,600
U.B.R.: 51.2p in the £ (2023/2024)
* The property may qualify for 100% small business rates relief.
* Eligible small businesses will pay no business rates where they occupy premises having a rateable value of less than £12,000. Details obtained online at information should be verified by the new occupier together with their eligibility for transitional arrangements and small business rates relief scheme.
Brochures
74, Cradley Road, Cradley Heath, West Midlands, B64
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cradley Heath Station0.2 miles
- Old Hill Station1.2 miles
- Lye Station1.5 miles
Notes
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