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

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.