Howdles Lane, WS8
£84.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,846 sq ft
357 sq m
- SECTOR
Out-of-town retail property for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- The leasehold property comprises of a convenience store/post office (triple unit) with two 3-bed flats above & two garages
- Total accommodation of approx. 3,846 sq ft
- Held on a FR&I lease from Walsall Metropolitan Borough Council for a term of 150 years from 26.11.2015 at a ground rent of a peppercorn (approx. 140 years unexpired)
- Entirely let on a lease expiring 2034 (no breaks)
- Total passing rent of £34,132 p.a.
- Fixed rental uplift in November 2029 to £37,684 p.a.
- The property is situated on the east side of Howdles Lane, within in an established neighbourhood parade close to its junction with Watling Street approx. 1mile north of the town centre
Description
Property Description
The leasehold property comprises of a convenience store/post office (triple unit) with two 3-bed flats above & two garages
Ground floor is 2,264 sq ft; Flat:1 is 775 sq ft; Flat:2 is 807 sq ft
Total accommodation of approx. 3,846 sq ft
VAT is applicable
Tenancy Schedule
Held on a FR&I lease from Walsall Metropolitan Borough Council for a term of 150 years from 26.11.2015 at a ground rent of a peppercorn (approx. 140 years unexpired)
Entirely let on a lease expiring 2034 (no breaks)
Total passing rent of £34,132 p.a.
Fixed rental uplift in November 2029 to £37,684 p.a.
Location
The property is situated on the east side of Howdles Lane, within in an established neighbourhood parade close to its junction with Watling Street approx. 1mile north of the town centre
The town is served by the A452 and A461 roads which provide access to the M6 motorway via Walsall (Junctions 8, 9 and 10) and to the A5 dual carriageway
Brownhills is located 5 miles north-east of Walsall and 12 miles north of Birmingham city centre
Occupiers close by are predominantly residential along with a variety of local businesses
Brochures
Howdles Lane, WS8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Landywood Station3.8 miles
- Shenstone Station3.9 miles
- Cannock Station4.3 miles
Notes
Disclaimer - Property reference 19989. 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 Prideview Group, Middlesex. 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 Prideview Group, Middlesex on 020 3840 3546.
*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.”
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