54-55 Dudley Street Wolverhampton West Midlands WV1 3ER

54-55 Dudley Street
Wolverhampton
West Midlands
WV1 3ER

Freehold Retail Investment

Entirely let to Game Stores Group Ltd until 2017
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
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On behalf of Scottish Widows Investment Partnership

Important Update Interested?

Expand
Photos
Map

Freehold Retail Investment

Entirely let to Game Stores Group Ltd until 2017
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

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.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Ground Basement First Second	Retail Ancillary Ancillary/Storage Ancillary/Storage Ancillary/Storage	149.48 sq m 8.08 sq m 66.98 sq m 156.35 sq m 46.17 sq m	(1,609 sq ft) (87 sq ft) (721 sq ft) (1,683 sq ft) (497 sq ft)	GAME STORES GROUP LIMITED (1)	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)