Michael Johnson and Co, Blakedown

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

£275,000

Sold STC

Size

1,198

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

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.
Michael Johnson and Co, Blakedown

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

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

NEAREST STATIONS

National Rail

Cradley Heath Station

0.2 miles

National Rail

Old Hill Station

1.24 miles

National Rail

Lye Station

1.46 miles

About Michael Johnson and Co, Blakedown

Michael Johnson and Co, Blakedown

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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.