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FREEHOLD AVAILABLE: 116 High Street, Smethwick, B66 1AE

For sale: £240,000.00|2,813 Sq Ft|Office, Retail - High Street, Offices, Retail

Property details

FOR SALE£240,000.00
SIZE2,813 Sq Ft
ADDRESS116 High Street, Smethwick, B66 1AE
TYPEOffice, Retail - High Street, Offices, Retail
TENUREFor Sale Freehold
POSTED ON1st August 2022

Description

KEY FEATURES:
- Freehold
- Prominent Location
- Income producing sublet on uppers

LOCATION:
The premises fronts the High Street at the junction with Brewery Street. The property is in close proximity to Smethick Rolfe St train station and nearby occupiers include HSBC, Lloyds Pharmacy and Paddypower.

DESCRIPTION:
The subject demise comprises a ground floor banking hall and contained office sublet space on the first and second floors. The office accommodation is currently let.

QUOTING:
£240,000. This property is not elected for VAT.

TENURE:
Freehold

LEGAL COSTS:
Each party is to be responsible for their own legal costs incurred in this transaction.

ACCOMMODATION:
The unit is arranged over the ground, first and second floors with the following approximate dimensions and net internal areas:
Ground Floor: 1,464 sq ft / 136 sq m
First Floor: 1,023 sq ft / 95 sq m
Second Floor: 334 sq ft / 31 sq m
TOTAL AREA: 2,813 sq ft / 261 sq m

BUSINESS RATES:
From information provided by the VOA website we are informed that the current rateable value of the unit is £12,750. The UBR for 2022/2023 is 49.9p making the current rates payable £6,362.25. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

EPC:
A copy of the Energy Performance Certificate is available on request.

Location

marker
Location: 116 High Street, Smethwick, B66 1AE

Smethwick Rolfe Street (0.1 miles)

Smethwick Galton Bridge (0.5 miles)

The Hawthorns (1.0 miles)

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