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11 Market Place, Wednesbury, WS10 7AX

Unsold, the last bid was for £120,000. Please refer to Auctioneer for Reserve.
 

Guide Price £128,000-£135,000 plus fees


Thursday 26th February 2015

11.00am
Key Features
A Freehold Commercial Investment with Residential Investment Over Current Gross Income: £15,696 pa
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Unsold, the last bid was for £120,000. Please refer to Auctioneer for Reserve.

Commercial Property

Property Description

A Freehold mid terraced property with shop premises overlooking the centre of Wednesbury.

Property Type

Commercial Investment

Tag Line

A Freehold Commercial Investment with Residential Investment Over
Current Gross Income: £15,696 pa

Tenancy Details

The ground floor shop is let on a five year Lease from the 1st February 2015 at a rental of £450 per calendar month - £5,400 per annum.
Flat 11a is let on an Assured Shorthold Tenancy for a period of 6 months from the 3rd November 2014 at a rental of £433 per calendar month - £5,196 per annum.
Flat 11b is let on an Assured Shorthold Tenancy for a period of 12 months from the 1st December 2014 at a rental income of £425 per calendar month - £5,100 per annum.

Tenure

We understand that the property is Freehold and is being sold subject to the existing tenancies.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: