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Rykneld St 2,642 sq ft Office Property Fradley WS13 8TT £600,000 (£227.10/sq ft)
Investment Highlights
- PROMINENT ROADSIDE LOCATION
- SUITABLE FOR A VARIETY OF USES
- LARGER THAN AVERAGE SITE WITH POTENTIAL DEVELOPMENT POSSIBILITY SUBJECT TO GAINING ALL NECESSARY CONSENTS
- AVAILABLE FOR £600,000
Executive Summary
The subject property comprises a single-storey detached former Little Chef premises, which has been converted into office space and is situated on a substantial site extending to approximately 0.67 acres. The property is highly visible and is situated adjacent to a Shell petrol station and internally provides a mixture of offices and storage space, along with kitchen and WC facilities. Externally, the property is situated on a larger than average site, which offers substantial car parking and potential redevelopment / further development subject to gaining all necessary consents.
The subject property is available to purchase long leasehold (999 years commencing 5th September 1978 at a peppercorn rent).
The subject property has an EPC rating of C (52).
The subject property is available to purchase long leasehold (999 years commencing 5th September 1978 at a peppercorn rent).
The subject property has an EPC rating of C (52).
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Long Leasehold
Property Size
2,642 sq ft
Costar Property Class
C
Year Built
1980
Price
£600,000
Price per sq ft
£227.10
Tenancy
Single
Number of Floors
1
Typical Floor Size
2,642 sq ft
Plot ratio
0.09
Total Plot Size
0.67 ac
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Rykneld St
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