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66-67 High Street, Dudley, DY1 1PY.

Offers in the Region of £600,000

About this property

DESCRIPTION

In total the property extends to 9,224 sq. ft. split between
retail space on the ground floor and high quality residential flats on the upper three floors.

The property comprises a ground floor retail shop let on
an 18 year lease to The Post Office for an annual rent of
£22,000 with a break clause in 2021 and rent reviews every three years. In total the ground floor extends to 3,260 sq. ft.

The first, second and third floor includes 5 high quality flats, fully let, producing £28,000 per annum.

 

Key Features

  • Prominent High Street location.
  • 9,224 Sq. Ft.
  • Currently producing £50,000 per annum.
  • Ground floor let until 2036 to The Post Office (franchise).
  • 5 fully let high quality flats above.

Next Steps