£325,000
(£206.48/sq. ft)
Retail premises for saleMount Pleasant, Redditch B97
1,574 sq. ft
About this property
Prominent Location
Mixed Used Building
Income Producing
Freehold Title
Location
The property is situated in a prominent location on the corner of Mount Pleasant and Ludlow Road. Within close proximity is Kingfisher Shopping Centre, which provides a variety of national retailers and banks. Redditch Train Station is located approximately 0.8 miles North West from the subject property, providing regular links into Birmingham City Centre and the surrounding areas. Birmingham City Centre is located approximately 16 miles north from the property.
Description
The premises comprise of a three-storey brick-built building surmounted by a pitched tiled roof. Internally, the ground floor benefits from a takeaway business with two self-contained flats on the first and second floors.
Services
We are advised all main services are connected.
Energy Performance Certificates
Details available upon request.
Tenure/Price
The freehold interest is available at a quoting price of £325,000 subject to contract.
The ground floor retail shops are let on full repairing and insuring leases and the flats are held on assured short hold tenancies, producing a total income of £21,200 per annum. Further details available upon request.
Business Rates
The property is currently listed within the 2023 rating listing as having a rateable value of £5,100. Rates payable will be in the region of £2,544.90. Small business rate relief may apply.
Interested parties are advised to make their own enquiries to Redditch Borough Council Business Rates Department on .
VAT
We understand that the property is not elected for VAT
Legal Costs
Each party to be responsible for their own legal costs incurred during this transaction.
Viewing
Strictly by prior appointment with sole agents, Mason Young Property Consultants.
The property is situated in a prominent location on the corner of Mount Pleasant and Ludlow Road. Within close proximity is Kingfisher Shopping Centre, which provides a variety of national retailers and banks. Redditch Train Station is located approximately 0.8 miles North West from the subject property, providing regular links into Birmingham City Centre and the surrounding areas. Birmingham City Centre is located approximately 16 miles north from the property.
Description
The premises comprise of a three-storey brick-built building surmounted by a pitched tiled roof. Internally, the ground floor benefits from a takeaway business with two self-contained flats on the first and second floors.
Services
We are advised all main services are connected.
Energy Performance Certificates
Details available upon request.
Tenure/Price
The freehold interest is available at a quoting price of £325,000 subject to contract.
The ground floor retail shops are let on full repairing and insuring leases and the flats are held on assured short hold tenancies, producing a total income of £21,200 per annum. Further details available upon request.
Business Rates
The property is currently listed within the 2023 rating listing as having a rateable value of £5,100. Rates payable will be in the region of £2,544.90. Small business rate relief may apply.
Interested parties are advised to make their own enquiries to Redditch Borough Council Business Rates Department on .
VAT
We understand that the property is not elected for VAT
Legal Costs
Each party to be responsible for their own legal costs incurred during this transaction.
Viewing
Strictly by prior appointment with sole agents, Mason Young Property Consultants.
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