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121 High Street, Warley, WMD
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121 High Street
Warley, B64 6AQ
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(259.9 KB)
Property type:
Retail
Sub type:
Shop-front
Status:
Existing
Year built:
1980
Building size:
10,835 sq ft
% Leased:
For sale price:
£1,150,000
Price:
£106.14 sq ft
Yield:
6.60 %
The property comprises a two storey mid terrace property of masonry construction beneath a flat roof.
The property is located in a prime trading position on High Street, which is the main shopping area for Cradley Heath. Halesowen town centre is approximately three miles to the south east. Transport links are provided by the M5 motorway, which is easily accessible via the A456.
Sale Notes:
The available space comprises A1 retail investment.
Let to Midlands Co – Operative Society Limited for 63 years from 24 June 1963 at a rent of £75,971.52 per annum with FRI and no
further reviews. Whilst the current rent reserved in the lease is £72,600 per annum as reviewed June 2005, there is an additional rent
payable of £3,371.52 per annum payable under the terms of a Deed of Variation dated 13 June 1995, which lifted the restriction of
alcohol sales.
RENT: £75,971.52 per annum
CLICK HERE TO CONTACT THE SELLING AGENT
SELLING AGENTS
Suttons Commercial
Rajiv Sabharwal
020 7664 8699
View all my listings
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