Guide price
£400,000
Office for sale46 High Street, Dudley, West Midlands DY1
Just added
Auction
Freehold
About this property
Guide Price = £400,000-£500,000
**For Sale By Public Auction 24th June 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Substantial Mid Terrace Building Arranged to Provide a Lower Ground and Ground Floor Shop, and First and Second Floor Office Space Fully Let to cex Ltd and Barclays Bank plc Producing a Combined £55,000 Per Annum. Plans have also been Drawn Up for the First and Second Floors to be Converted into Nine Flats (Subject to Obtaining all Relevant Consents).
8 Week Completion Available
Tenure
Freehold
Location
The property is situated in Dudley city centre close to local shops and amenities. Nearby multiples include B&M, Costa Coffee and Santander. Transport links are provided by Tipton rail station.
Description
The property comprises a mid terrace commercial building arranged to provide a lower ground, and ground floor retail unit, and first and second floor office space. G.I.A: 8,914 Sq Ft
Accommodation
Lower Ground Floor
Basement -G.I.A Approximately 174 sq m (1,877 sq ft)
Ground Floor
Retail Unit -G.I.A Approximately 301 sq m (3,244 sq ft)
First Floor
Office Space -G.I.A Approximately 167 sq m (1,801 sq ft)
Second Floor
Office Space -G.I.A Approximately 185 sq m (1,992 sq ft)
VAT is Applicable
Tenancy
The lower ground and ground floor shop are let on an Fri lease let to cex Limited for 10 years from 27/11/2024 at a rent of £30,000 per annum.
The uppers are let on an Fri lease to Barclays Bank plc until 26 April 2027 at a rent of £25,000 per annum. The tenant has been in occupation for over 30 years and have recently renewed their lease.
We understand from the vendor that Barclays Bank plc are investing over £70,000 into the roof of the building. A copy of the license of alterations will be available within the pack. We also understand from the vendor that tenant have verbally advised that they intend to renew the lease upon expiry matching up the dates with the next door property that they also rent so they can renew on the same date. Buyers should rely on their own enquiries.
EPC Rating
D
Viewing Appointments to be Confirmed - Video Walkthrough Available
**For Sale By Public Auction 24th June 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Substantial Mid Terrace Building Arranged to Provide a Lower Ground and Ground Floor Shop, and First and Second Floor Office Space Fully Let to cex Ltd and Barclays Bank plc Producing a Combined £55,000 Per Annum. Plans have also been Drawn Up for the First and Second Floors to be Converted into Nine Flats (Subject to Obtaining all Relevant Consents).
8 Week Completion Available
Tenure
Freehold
Location
The property is situated in Dudley city centre close to local shops and amenities. Nearby multiples include B&M, Costa Coffee and Santander. Transport links are provided by Tipton rail station.
Description
The property comprises a mid terrace commercial building arranged to provide a lower ground, and ground floor retail unit, and first and second floor office space. G.I.A: 8,914 Sq Ft
Accommodation
Lower Ground Floor
Basement -G.I.A Approximately 174 sq m (1,877 sq ft)
Ground Floor
Retail Unit -G.I.A Approximately 301 sq m (3,244 sq ft)
First Floor
Office Space -G.I.A Approximately 167 sq m (1,801 sq ft)
Second Floor
Office Space -G.I.A Approximately 185 sq m (1,992 sq ft)
VAT is Applicable
Tenancy
The lower ground and ground floor shop are let on an Fri lease let to cex Limited for 10 years from 27/11/2024 at a rent of £30,000 per annum.
The uppers are let on an Fri lease to Barclays Bank plc until 26 April 2027 at a rent of £25,000 per annum. The tenant has been in occupation for over 30 years and have recently renewed their lease.
We understand from the vendor that Barclays Bank plc are investing over £70,000 into the roof of the building. A copy of the license of alterations will be available within the pack. We also understand from the vendor that tenant have verbally advised that they intend to renew the lease upon expiry matching up the dates with the next door property that they also rent so they can renew on the same date. Buyers should rely on their own enquiries.
EPC Rating
D
Viewing Appointments to be Confirmed - Video Walkthrough Available
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Monthly repayment
£2,000 per month
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