Units 3 - 8, Acorn Small Firms Centre, Ablewell Street, Walsall, West Midlands, WS1 2EG

Guide Price = £56,000 - £62,000

Property for auction on 10th December at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Property Description:
A three story property of brick construction surmounted by a tiled roof approached via a vehicular access over the petrol station fronting Ablewell Road. The property is currently arranged as six workshop/offices. The two ground floor units (3 & 4) have there own private entrance accessed from the front of the building, unit 6 also has a private access from Balls street.
The property is situated in Walsall Town Centre and Ablewell Street is located off both Bridge Street and Warewell Street.
5 of the six units are currently let and a schedule of rents are detailed below.

Schedule of Tenancies:
Unit 3: Holding over at a rental of £2,600 pa
Unit 4: Vacant
Unit 5: Let on a 1 year Lease at a rental of £2,400pa
Unit 6: Holding over at a rental of £2,990 pa
Unit 7: Holding over at a rental of £2,400 pa
Unit 8: Holding over at a rental of £2,600 pa
Total Current Rental: £12,990 pa
Potential Rental when Fully Let: circa £15,500 p.a.

Leasehold Information:
Term: 60 years from 30 April 1985
Ground Rent: £50 per annum rising during the term.
Service Charge: Refer to legal pack

Accommodation:
Ground Floor
Communal Entrance an Stairs
Unit 3 - 394 sq.ft (Having Private Entrance)
Unit 4 - 343 sq.ft (Having Private Entrance)
First Floor
Communal Hallway with wc
Unit 5 394 sq.ft
Unit 6 343 sq.ft (Having additional Private Entrance Off Bull Street)
Second Floor
Communal Hallway with wc
Unit 7 394 sq.ft
Unit 8 343 sq.ft




EPC Rating:
Unit 3: E, Unit 4: D, Units 5-8: D

Legal Documents: Available at
Viewings: Via Cottons