High Street Retail Property for sale

Victoria Court, Victoria Street, West Bromwich B70


£125,000
753 ft²

Features

  • Central Location
  • Long Leasehold
  • Main Road Frontage
  • Suitable For A Variety Of Uses (stp)

Description

Location
The property is situated in a prominent location on Victoria Street which leads directly off the main West Bromwich High Street, with Junction 1 of the M5 Motorway being approximately 1 mile away. The Metro Station and Bus Station are both within easy walking distance, as is the new Tesco led New Square retail development.

Description
The retail units will form part of a mixed use development in the heart of West Bromwich Town Centre. The scheme will comprise of four ground floor self-contained commercial units with 49 apartments incorporating undercroft car parking to the rear.

Planning
We have been informed by the landlord that planning permission has been granted for A1 use.

Interested parties should contact Sandwell Metropolitan Borough Council Planning Department.

Services
We are advised all main services are connected.

Mason Young Property Consultants has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.

Energy performance certificates
Details available upon request.

Tenure/price
Each unit will be held on a long leasehold basis for a term to be agreed. Full details can be found in the accommodation table above.

Ground rent
Each retail unit will be subject to a ground rent of £500 per annum.

Service charge
A service charge contribution shall be payable towards the costs of service provided by the Landlord.

Business rates
Interested parties are advised to make their own enquiries to Sandwell Metropolitan Borough Council.

Money laundering
The money laundering regulations require identification checks are undertaken for all parties purchasing/ leasing property. Before a business relationship can be formed, we will request proof of identification for the purchasing/ leasing entity.

VAT
We understand that the property is elected for VAT.

Legal costs
Each party to be responsible for their own legal costs incurred during this transaction.

Viewing
Strictly by prior appointment with sole agents, Mason Young Property Consultants.

Categories

High Street Retail Property
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Property reference
CP3DC3A6_5