COVID-19 – Important Auction Information
For Sale By Auction | 08:45, 17 April 2024 | Lot 15A

32 Dudley Street, Wolverhampton, West Midlands, WV1 3ER

Sold £521,000

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 17/04/2024

Auction Time

08:45

Auction Venue

Live Stream

A Commercial Investment Fully Let to Telefonica UK Ltd T/A O2 Producing £65,000 Per Annum

The property comprises a commercial investment situated within a mid terrace building arranged over the ground and first floors.

Tenure

Freehold

Location

The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include, Primark, M&S and McDonald's. The open spaces of West Park are within easy reach. Transport links are provided by Wolverhampton rail station.

Accommodation

Ground Floor Retail Unit G.I.A. Approximately 184.5 sq m First Floor Ancillary Space G.I.A. Approximately 143.4 sq m

Tenancy

The property is subject to an FRI lease expiring March 2026 at a rent of £65,000 per annum.

VAT is Applicable

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.