High Street, Brierley Hill, DY5

Situated in a prominent and highly visible position on the well-established Brierley Hill High Street, this attractive leasehold commercial investment presents an excellent opportunity to acquire a versatile retail premises in the heart of the town centre. Benefiting from a strong frontage to one of the area's principal shopping thoroughfares, the property enjoys substantial pedestrian and vehicular passing traffic, making it suitable for a wide range of retail, office, professional services, or other commercial uses, subject to any necessary consents.

The accommodation extends to approximately 551 sq ft (51.2 sq m) and is thoughtfully arranged to provide an open-plan retail sales area, creating a flexible trading environment capable of accommodating a variety of business layouts. To the rear of the property is a useful storeroom offering valuable ancillary storage space, together with separate WC facilities, providing practical amenities for staff and day-to-day business operations.

The property occupies an established trading location amongst a mix of independent retailers, national operators, cafés, and service providers, contributing to consistent levels of footfall throughout the day. Excellent transport links and nearby public parking further enhance the accessibility of the premises for customers and employees alike, making it an appealing proposition for owner-occupiers, investors, or business operators seeking a central commercial location.

The premises are held on a long leasehold interest. The registered lease commenced on 16 April 2021 for a term of 125 years, beginning on and including 16 April 2021 and expiring on 15 April 2146, providing exceptional long-term security of tenure. The substantial unexpired lease term represents a valuable asset and offers confidence for both investors and occupiers looking for a stable, long-term commercial holding.

Overall, this is an excellent opportunity to acquire a well-positioned commercial property within the thriving Brierley Hill High Street, combining a prominent retail location, practical accommodation extending to approximately 551 sq ft, and the benefit of a long leasehold interest, making it suitable for investment or owner occupation alike.

AUCTIONEERS COMMENTS

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.