Approximately 397 sq m (4,272 sq ft) of commercial floor space
Prominent position on prime pedestrianised retail thoroughfare
Nearby occupiers include McDonald's, Oasis, The Body Shop, Carphone Warehouse and Greggs
Six Week Completion Period Available
Lot 8
Auction 18th October 2011
Rent £82,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of Scottish Widows Investment Partnership
Property Information
Location
Miles
7 miles west of Walsall, 12 miles north west of Birmingham, 20 miles east of Telford
Roads
M6, M54, M5
Rail
Wolverhampton Railway Station
Air
Birmingham International
Situation
The property is prominently situated on the western side of Dudley Street, Wolverhampton's prime pedestrianised retail thoroughfare. Nearby occupiers include McDonald's, Oasis, The Body Shop, Carphone Warehouse and Greggs
Tenure
Freehold.
Location
Miles
7 miles west of Walsall, 12 miles north west of Birmingham, 20 miles east of Telford
Roads
M6, M54, M5
Rail
Wolverhampton Railway Station
Air
Birmingham International
Situation
The property is prominently situated on the western side of Dudley Street, Wolverhampton's prime pedestrianised retail thoroughfare. Nearby occupiers include McDonald's, Oasis, The Body Shop, Carphone Warehouse and Greggs
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with office/ancillary accommodation on basement, first and second floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with office/ancillary accommodation on basement, first and second floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
6 years and 2 months from 25/03/2011 on a full repairing and insuring lease
£82,000
25/03/2016
Totals
427.07 sq m
(4,597 sq ft)
£82,000
(1) For the year ending 30th January 2010, Game Stores Group Ltd reported a turnover of £760,176,000, pre-tax profits of £51,171,000 and a total net worth of £113,702,000. (Source: www.riskdisk.com 12/09/2011)
