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11 Market Street, Stourbridge, DY8 1AB

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Purchase Price:£125,000
Type:Investment Properties
Size:1,326 sq. ft / 123 sq. mtrs
Tenure:For Sale
Description:

Detailed Information

Location

The property is located in a busy shopping street in the centre of the town, and short distance from the Ryemarket and the new Crown Centre/Tesco Extra development

Description

The property comprises a mainly three storey mid terraced shop

The property has been trading for many years as a florist

Accommodation

Ground Floor

Shop          377ft²

Store           79ft²

Outbuilding 185ft²

First Foor

3 rooms      404ft²

Bathroom

Second Floor

3 rooms      384ft²

Lease

The property is tenanted by a Mr Fazel Tabrex t/a The Flower Basket

10 year term from 13th November 2015, rent review and tenant break at 5th anniversary, fully repairing

Present rent £11,000pa

Price

£125,000

VAT

It is understood that the property is not VAT elected

Viewing

By arrangement with Michael Tromans & Co 01902 425646

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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.