Commercial Property
The property occupies a prominent location within Langley High Street, Oldbury, within a well established neighbourhood location, which includes a mix of retail and commercial uses, together with residential accommodation.
The property is considered to occupy an excellent catchment area for future trade and for attracting tenants to the proposed living accommodation.
The property comprises a prominent modern two storey former bank premises, which is currently configured to provide a spacious ground floor retail/showroom unit and first floor accommodation, which benefits from a separate access at either end of the building. There is a rear surfaced car park for approximately 8 cars.
The property benefits from planning permission (application no. DC/12/54755) dated 24th July 2012, to provide 2 two bedroom self-contained apartments at first floor level.
Commercial Vacant Possession
A Modern Purpose Built Former Bank Premises, currently providing a Ground Floor Retail/Showroom Unit, with the benefit of Planning Permission for 2, Two Bedroom Apartments at First Floor
We understand that the property is Freehold and vacant possession will be given upon completion.
There is an agreement to Note Machine UK Ltd (cash dispenser), for a term of 5 years with effect from 30th January 2012, at a rental of £4,000 per annum.
We understand that VAT will not be chargeable on this transaction.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
