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Moor St - 3-25 814 sq ft Retail Unit Offered at £140,000 in West Bromwich B70 7AD
INVESTMENT HIGHLIGHTS
- Prominent Location
- Close to The New Square shopping centre
- Excellent public transport links
EXECUTIVE SUMMARY
The property is prominently situated fronting Moore Street on the popular Westgate Plaza in the centre of West Bromwich. The main High Street is a 2 minute walk away along with the main bus and metro station. The M5 motorway is also a mere 1 mile journey. The New square shopping centre is also a 5 minute walk away.
PROPERTY FACTS
| Total Property Size | 16,814 sq ft | Typical Floor Size | 8,407 sq ft |
| Property Type | Build-to-Rent (Unit) | Year Built | 1990 |
| Property Subtype | Apartment | Total Plot Size | 0.57 ac |
| Costar Property Class | C | Parking Allocation | 1.01/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 16,814 sq ft |
| Property Type | Build-to-Rent (Unit) |
| Property Subtype | Apartment |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 8,407 sq ft |
| Year Built | 1990 |
| Total Plot Size | 0.57 ac |
| Parking Allocation | 1.01/1,000 sq ft |
1 UNIT AVAILABLE
Unit 3
| Unit Size | 814 sq ft | Unit Use | Retail |
| Price | £140,000 | Sale Type | Investment |
| Price Per sq ft | £171.99 | Tenure | Long Leasehold |
| Unit Size | 814 sq ft |
| Price | £140,000 |
| Price Per sq ft | £171.99 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
DESCRIPTION
The self contained ground floor unit is currently operating as a graphic design outlet. On entry the property opens into a reception area then into an open plan workshop with kitchenette and WC to the rear.
The property benefits from car parking bays to the front of the premises, together with rear access
SALE NOTES
The Leasehold premises is to be sold subject to the following tenancy:
Let to Magic Graphic Design on the basis of a 7 year lease from June 2024 at £13,000 per annum exclusive with a tenant break at Year 3 subject to 6 months prior notice.
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Moor St - 3-25
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