46 High St 5,121 SF Retail Condo Unit Offered at $297,753 in Dudley DY1 1PN
INVESTMENT HIGHLIGHTS
- High Yielding Retail Investment
- Long Standing Occupier of 10+ Years
- Let to CEX (Franchising) Limited
PROPERTY FACTS
| Price | $297,753 |
| Unit Size | 5,121 SF |
| No. Units | 1 |
| Total Building Size | 8,914 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Investment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 2,229 SF |
| Year Built | 1967 |
| Sale Condition | Auction Sale |
AMENITIES
- Storage Space
1 UNIT AVAILABLE
Unit Retail - Grnd & BSMT
| Unit Size | 5,121 SF |
| Price | $297,753 |
| Price Per SF | $58.14 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale |
DESCRIPTION
The property comprises a high yielding retail investment let to CEX and fronting a high footfall street.
Arranged as a ground floor retail unit with basement, the property is let to CEX (Franchising) Limited on a new 10 year lease with no breaks expiring 27.11.2034 and paying £30,000 per annum.
SALE NOTES
Lot 108 is available for sale at Savills' online auction on April 8th 2025.
The property comprises a long leasehold investment opportunity.
The asking price is £225,000 reflecting a gross initial yield of 13.33%
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NEARBY MAJOR RETAILERS
