Commercial Property
False
The property fronts Victoria Avenue just off the main A34 High Street in Bloxwich town centre, within the immediate vicinity there is a mix of retail, commercial and residential development.
The property is within easy access of all local amenities and is well served by public transport.
The property comprises a two storey end of terrace of brick and part rendered construction divided internally to provide on the ground floor an open-plan retail area with ancillary WC and store.
On the first floor is a self-contained flat comprising hall entrance, bedroom, kitchenette, lounge, shower room and store room.
A Town Centre Freehold Mixed Retail and Residential Investment
Current Rental Income: £10,200 pa
[b]Ground Floor Retail Unit[/b] - Let by way of a 3 year Lease with effect from the 1st March 2016 to a well established Tattoo Parlour. Current rent £6,000 per annum.
[b]First Floor Flat[/b] - Let by way of an Assured Shorthold Tenancy with effect from the 1st March 2016 at a rent of £350 per calendar month (£4,200 per annum).
We understand that the property is Freehold subject to the following tenancies.
We understand that VAT will not be chargeable on this transaction.
Strictly by arrangement with the Auctioneers.
