• Commercial Property Agents
  • 01902 425646

95 Church Street, Bilston, WV14 0BJ

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Property Overview

Purchase Price: £375,000
Type: Investment Properties
Size: 1,873 sq. ft / 174 sq. mtrs
Tenure: For Sale
Description:

Detailed Information

Location

The property is located in the main shopping district of the town with neighbouring occupiers including LLoyds bank, Greggs and Superdrug.

Description

The property provides extensive accommodation over two floors.

It is an investment property currently let to Playland Holdings Limited on a 10 year lease from July 2023.

The current passing rent is £24,000 p.a.x rising via a stepped rental agreement to £30,000 over the next three years in 2028.

Accommodation

Ground floor sales       1873ft2

Store                           184ft2

First floor                   1938ft2

Price

£375000

Rental Income

Tenant Playland Holdings Limited.

Current rental income £24,000 p.a.x rising to £30,000 p.a.x by 2028.

Lease expiry July 2033.

Business Rates

RV £27250

VAT

May apply

Viewing

By arrangement with Michael Tromans & Co , Tel 01902 425646

Subject to contract

© 2020 Michael Tromans & Co. | Web Design by Nutcracker

Michael Tromans & Co is the trading name of Michael Tromans & Co LLP. Michael Tromans & Co LLP is a Limited Liability Partnership registered in England and Wales.
Registered Office: 6 Waterloo Rd, Wolverhampton, West Midlands WV1 4BL. Registered No. OC358112.

MISREPRESENTATION ACT 1967: Michael Tromans & Co. for itself and for the vendors or lessors of this property whose agents they are given notice that the particulars are a general outline only for the guidance of intending purchasers or lessees, and do not constitute an offer of contract. All descriptions and any other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. No employee of Michael Tromans & Co. has any authority to make or give any representation or warranty whatever in relation to this property.