£250,000

Retail premises for sale

  1. Property photo 1 of 1.

£250,000

(£147.15/sq. ft)

Retail premises for sale

Great Bridge, Tipton DY4

1,699 sq. ft

Local area information

Property location

Nearby amenities

  • Great Bridge Primary School 0.4 miles
  • Harvills Hawthorn Primary School 0.5 miles
  • Dudley Port 0.8 miles
  • Tipton 1.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Detailed Information
Location
The property is located in the main Great Bridge High Street close to the junction with Fisher Street.

Nearby traders include Heron Foods, Bet Fred, and The Post Office.

Description
The property comprises end of terrace brick built premises currently trading as a caribbean restaurant.

The property is being sold as a fully let investment property with the tenant in occupation, the lease summary and rental income details are below.

Accommodation
approximate internal areas tbc

Ground Floor

721 sq.ft

First Floor

471 sq.ft

Second Floor

507 sq.ft

Lease summary
Tenant: Private Individual

Rent: £10,000 per annum exclusive

Lease Term: 6 years from 24/12/2020

Repairs: Tenant to keep the demised premises in good repair

Rent Review: Rpi rent review at the 6th anniversary

Total Rental Income
£10,000 per annum exclusive

Purchase Price
£250,000 exclusive
VAT

May apply.
EPC

Tba

Business Rates
Rateable Value: £12,000

Subject to Contract
Viewing strictly by appointment with Michael Tromans & Co llp

10/1/2025

Floor plans and tours

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Michael Tromans and Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Michael Tromans and Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Tipton
  5. Great Bridge