property
The property is situated fronting the main A441 Pershore Road, Cotteridge, within a busy and popular shopping parade, with a mix of both local traders and national operators, such as Greggs, Spar, Lloyds Chemist, Cooperative Food Store and major Banks. The property is considered to occupy a good potential catchment area for future trade, for a variety of uses, subject to planning.
The property comprises a prominent mid terraced three storey building, believed to have been constructed in the early 1900s, the ground floor being a former Licensed Betting office and having two self contained flats with access from the rear above.
The accommodation briefly comprises on the ground floor a former betting shop, having tiled solid floor, feature brick walls, suspended ceiling, male and female wcs, managers office, kitchen and staff wc. The retail area extends to approximately 1,213 sq.ft. (112.6 sq.m.). On the upper floors there are two self contained flats each comprising sitting room, bathroom, kitchen and two bedrooms.
A Freehold Retail Premises with Two Investment Flats above, situated within a popular and busy retail environment considered suitable for owner occupation or an investment opportunityPassing Rent: £11,100 pa.Estimated Full Rental: £27,100 pa.
We understand that the property is Freehold and subject to the following tenancies. Full details relating to tenure and copies of the tenancy agreements will be available within the legal pack.
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.
