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5 The Precinct, Northway, Sedgley, DY3 3PQ

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

Guide Price £140,000-£150,000 plus fees


Thursday 1st May 2014

11.00am
Key Features
A Freehold Mixed Residential & Commercial Investment<1mm/> Current Gross Income: £14,400 pa.
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Unsold, the last bid was for £120,000. Please refer to Auctioneer for Reserve.

Commercial Property

Bedrooms (Rightmove)

2

Property Description

A mid terraced shop premises with two bedroomed apartment over, situated in a modern shop precinct within the popular Northway Housing Estate.

Property Type

Commercial Investment

Tag Line

A Freehold Mixed Residential & Commercial Investment
Current Gross Income: £14,400 pa.

Tenancy Details

The shop premises are let on a Lease producing £700 per calendar month - £8,400 per annum.
The first floor flat is let on an Assured Shorthold Tenancy at a rental of £500 per calendar month - £6,000 per annum.
The Lease and Tenancy Agreements will be available within the legal pack.

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: