(under £15 per sq ft freehold)
IN SAME GROUP OWNERSHIP FOR APPROX. 30 YEARS
6 Week completion
Occupying a prominent trading position adjacent to Argos, opposite a Premier Convenience Store and amongst other such multiples as the Salvation Army, Lloyds Bank and a Post Office, being just a short walk of the Trident Shopping Centre and further multiples that can be found along the pedestrianised High Street.
Dudley is a busy market town situated approximately 6 miles south-east of Wolverhampton and 9 miles north-west of Birmingham with easy access to the M5 (Junction 2).
A substantial deep terraced building comprising a Former Department Store planned on Ground, Basement and two Upper Floors. In addition, there is vehicular access to the rear for unloading.
Ground Floor Shop
Gross Frontage 43'8"
Internal Width 41'8"
Built Depth 125'0"
Sales Area Approx. 1,325 sq ft
Raised Ground Floor Sales Area Approx. 2,968 sq ft
Raised First Floor Sales Area Approx. 2,865 sq ft
First Floor Storage Area Approx. 1,140 sq ft
Second Floor Storage Area Approx. 1,220 sq ft
Basement Area Approx. 2,900 sq ft
Total Area Approx. 12,418 sq ft
1Areas provided by Vendor.
VAT is NOT applicable to this Lot
FREEHOLD offered with VACANT POSSESSION
Note 1: The property has been removed from the Rating List, therefore no Business Rates are currently payable.
Note 2: Plans and drawings have been produced highlighting the possibility of a conversion comprising of retail, residential (6 units) and office space as well as a potential conversion to student accommodation (30 units), subject to obtaining the necessary consents - Plans and drawings available from the Auctioneers.