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18 School Road, Wednesbury, WS10 0SL

Sold for for £63,000.
 

Guide Price £55,000-£65,000 plus fees


Thursday 11th December 2014

11.00am
Key Features
A Leasehold Commercial with Residential Investment Current Gross Income: £9,200 pa
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Sold for for £63,000.

Commercial Property

Auctioneers Note (No Number)

The Auctioneers have not had the opportunity to inspect the property prior to going to print and therefore the accommodation details should not be relied upon.

Bedrooms (Rightmove)

3

Property Description

A detached News Agents and Off-Licence with living accommodation above.

Property Type

Commercial Investment

Tag Line

A Leasehold Commercial with Residential Investment
Current Gross Income: £9,200 pa

Tenancy Details

The property is let on a full repairing and insuring 21 year Lease from April 2011 at a yearly rental of £9,200.

Tenure

We understand that the property is Leasehold with some 35 years remaining on the Lease at a Ground Rent of £20 per annum. The property is being sold subject to the existing tenancy.

Viewings

By courtesy of the Tenants in occupation.

Tenure: