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28 - 30 Mount Pleasant, Redditch, B97 4JB

£345,000

Business rates & charges may apply

John Truslove, Redditch
SIZE

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SECTOR

Commercial property for sale

Key features

  • Established commercial Tenant
  • Large Spacious Flats
  • Gross Rent £26,220pa
  • Asset management potential
  • Close to Town Centre
  • Freehold

Description

Description
The property comprises an end terrace mixed commercial and residential building arrange as:

Number 28 - Ground Floor shop 578sqft plus Lower Ground Floor Storage 552sqft.
Number 30 - Ground Floor shop 273 sqft

To the rear is a shared WC.

A pedestrian access leads to the two self-contain residential properties each comprising:

Ground Floor Lobby with stairs ascending to First Floor landing off which opens: Bathroom, Kitchen and Lounge, with stairs continuing to Second Floor comprising two Double Bedrooms.

To the rear is a good sized garden.

Location
Mount Pleasant is a busy road, formerly the main A441, in a densely populated Residential Area less than 5 minutes walk from the Town Centre, which is immediately North. It is on a Bus Route.

The Shop is in a short parade of shops near the junction with Salop Road and Ipsley Street; On street parking is free.

Tenure
Freehold

Tenure
Number 28 - is let to S Vadivel for a term of 5 years from 9 July 2024 at a rent of £10,000 subject to Tenant break on 9 July 2029.
Number 30 - is let to Paul Kings for a term of 15 years from February 2013 at a rent of £3500.

The upper floors are let on to ASTs at rents of £530pcm.

The Total rental income is £26,220pa

Purchase Price
£345,000

Legal Fees
Each Party to bear their own fees.

Services
All Mains Services are supplied to the building.

Viewing
Strictly by appointment with our reception on

EPC
tbc

Brochures

28 - 30 Mount Pleasant, Redditch, B97 4JB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redditch Station0.3 miles
  • Alvechurch Station3.2 miles
  • Barnt Green Station4.6 miles

About John Truslove, Redditch

Daralbee House Archer Road, Redditch, Worcestershire, B98 8DJ

John Truslove is a Redditch based property consultancy which was established over 30 years ago.

We advise clients on all aspects of commercial property within the West Midlands, Worcestershire and Warwickshire.

The first and most important thing for you to know is that, quite simply, we aim to be good and honest.

Good to deal with, honest and true, professional and effective.

Notes

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