53 Great Bridge, Tipton, DY4 7HF
Property Overview
| Purchase Price: | £250,000 |
|---|---|
| Type: | Investment Properties |
| Size: | 1,699 sq. ft / 158 sq. mtrs |
| Tenure: | For Sale |
| 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
01902 425646
tromansandco@aol.com
10/1/2025
