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UNDER OFFER

74, Cradley Road, Cradley Heath, West Midlands, B64

£275,000

£229.55 per sq ft

Business rates & charges may apply

Michael Johnson and Co, Blakedown
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

LOCATION

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

Approximate location

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

About Michael Johnson and Co, Blakedown

Edison House, 39a Birmingham Road, Blakedown, Kidderminster DY10 3JW

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 74cradleyroad. 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 Michael Johnson and Co, Blakedown. 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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