63 High Street, Bilston, West Midlands WV14 0HH
Size
505
Tenure
Leasehold
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
- FOR SALE BY AUCTION ON THURSDAY 16TH JULY 2026 (UNLESS SOLD PRIOR).
- Ground Floor Shop Investment
- Producing ÂŁ12,000 per annum
- Gross Yield 10%
- 4 yearly RPI Rent Reviews
Description
Occupying a prominent trading position close to the junction with the A463 and A4039, opposite a McDonald’s Drive-Thru and Lidl Supermarket and close to Co-op Funeral Services.
Bilston lies some 3 miles south-east of Wolverhampton, 10 miles northwest of Birmingham and enjoys good road access via the M6 (Junction 10) and the A4123.
PROPERTY
Forming part of a retail parade comprising a Ground Floor Shop.
In addition, property includes a Front Forecourt and there is a rear service road allowing vehicular access for unloading.
ACCOMMODATION1
Ground Floor Shop
Gross Frontage 15'4"
Internal Width 14'0"
Built Depth 43'0"
Area Approx. 505 sq ft
WC
ÂąNot inspected by Barnett Ross. Area taken from VOA.
VAT is NOT applicable to this Lot
TENURE
Leasehold for a term of 999 years from 28th April 2025 at a peppercorn ground rent.
TENANCY
The property is let on a repairing and insuring lease to H. K. S. Mahammed as a Barbers (with personal Guarantor) for a term of 16 years from 17th April 2025 (see Note 1) at a current rent of ÂŁ12,000 per annum exclusive.
Rent Reviews 2029 & 4 yearly linked to RPI
Note 1: The shop has traded as a barbers since 2014.
Note 2: 6 week completion
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Tenure
- Leasehold
- Length of lease
- 998 years left
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
63 High Street, Bilston, West Midlands WV14 0HH
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Disclaimer - Property reference Bilston. 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 Barnett Ross, Barnett Ross. 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.