Michael Johnson and Co.
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Michael Johnson and Co.
  • Home
  • Contact Us
  • Property Search
    • Industrial
    • Investment
    • Retail
    • Office

    74 Cradley Road, Cradley Heath, B64 6AG


    Key Features

    • For Sale (PRICE REDUCED) - UNDER OFFER 
    • Prominent vacant retail unit in the heart of Cradley Heath
    • Asset management opportunities
    • 3 residential dwellings above
    • Currently producing £11,880 per annum 


    Location 

    The property boasts a prominent position on the busy Cradley Road with a number of local retail & leisure occupiers in the near vicinity. 


    Description

    The property comprises a ground floor vacant fully fitted fish & chip shop. The upper parts comprise a 1 no. 1 bedroom flat and 2 no. bed sits which currently produce a gross rental income of £11,880 per annum. Internal images of uppers available from the agent upon request. 


    Accommodation

    Ground Floor

    Retail                                          727 sq ft  

    Prep area 1                                300 sq ft

    Prep area 2                                107 sq ft 

    Prep area 3                                 64 sq ft


    Total NIA                                  1,198 sq ft 


    First Floor

    1 bedroom flat                             -

    2 x bedsit.                                     -


    Purchase Price 

    Offers in the region of £275,000


    Tenancies 

    Please contact the agents for copies of assured shorthold tenancies. 


    Tenure

    Freehold.


    Rating Assessment 

    Rateable Value             £7,600

    U.B.R:                             51.2P in the £ (2023/2024)

    * The property may qualify for 100% small business rates relief.
    * Eligible small businesses will pay no business rates where they occupy premises having a rateable value of less than £12,000. Details obtained online at www.gov.uk. This information should be verified by the new occupier together with their eligibility for transitional arrangements and small business rates relief scheme. 


    Fixtures, Fittings & Services

    We have not tested any apparatus, equipment, fixtures, fittings or services. We therefore cannot verify they are in working order or fit for their purpose. 


    VAT

    The premises is not elected for VAT. 


    Energy Performance Certificate

    Fish & Chip Shop - B44

    Flat 1 - D60 

    Flat 2 - D65 

    Flat 3 - D58 

    Please contact the agent for further details.


    Legal Costs 

    Each party shall be responsible for their own legal costs incurred in the transaction. 

    Please Contact

    Michael Johnson

    01384 395 323 

    07970 910 135

    michaeljohnson5@btconnect.com


    Tom Johnson 

    01384 395 323

    07794 784 370

    tom@michaeljohnsonandco.com

    brochure

    Michael Johnson and Co. Particulars - 74 Cradley Road, Cradley Heath, B64 6AG (pdf)Download

    74 Cradley Road, Cradley Heath, B64 6AG, United Kingdom


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