74 Cradley Road, Cradley Heath, B64 6AG

Key Features

• For Sale (PRICE REDUCED) - Offers in the region of £275,000
• 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.