Shop 3, Roseville Court, Castle Street, Coseley, WV14 9ES

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Property Overview

Purchase Price:	£135,000
Type:	Investment Properties
Size:	1,071 sq. ft / 99 sq. mtrs
Tenure:	For Sale
Description:

Detailed Information

Location

The property is located in a popular neighbourhood centre, located between Wolverhampton and Dudley and just off the A4123 Birminghsm New Road

Description

The property comprises a ground floor shop, set within a mixed use block

Acccommodation

Shop 1070 sq ft

Occupancy

The property is occupied by Compton Care

Details of the lease as follows;

Tenant - Compton Care Group Limited

Term - 6 years from 23/4/24

Repair - Full repair by way of service charge

Rent - Years 1 to 3, £11kpa

Year 4 £11.5k

Year 5 £11.75k

Year 6 £12k

Break - tenant break at 3rd

Price

£135000

VAT

Does not apply

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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.