Bilston Street, DudleyGuide Price £130,000
On MarketThe Lee, Shaw Partnership - Hagley - 01562 888111A3323
- Investment property in Sedgley in a busy retail and commercial location
- Two-storey building with potential to extend at the rear subject to planning consent
- Operated by the tenant as a hair and beauty clinic
- Freehold commercial building
- Directly opposite is a newly opened Aldi supermarket
- The property is currently let on a 6 year lease from 1st February 2004 at a passing rent of £5,700 per annum (£475 pcm)
- The property is in a block with number 9-27 Bilston Street which are grate II listed
- Good road links to Wolverhampton and Birmingham with train stations at Tipton and Wolverhampton
Description
A desirable freehold commercial, investment property in Sedgley in a busy position. Property comprises a two-storey building and operated by the tenant a hair and beauty clinic.
Construction is of brickwork part rendered with pitched clay tile roof and potential to extend at the rear subject to planning consent.
Location
The property fronts Bilston Street in a busy retail and commercial location. Directly opposite is a newly opened Aldi supermarket footfall, Sedgley is located between Dudley and Wolverhampton and between Wombourne and Tipton. There is a surrounding residential catchment and there are good road links to Wolverhampton and Birmingham and train stations at Tipton and Wolverhampton.
Accommodation
Ground floor
Double fronted unit comprises shop front with reception area 10.43sqm (112 sqft)
Treatment room 1 9.57 sqm (103 sqft)
Treatment room 2 9.70 sqm (104 sqft)
Staff room/ kitchenette 8.54 sqm (92 sqft) plus WC and wash basin
First Floor
At first floor level the floor space has been partitioned to create a further treatment room, tanning room with tanning booth and office/ store 28.12 sqm (302 sqft)
Lease Terms
The property is currently let on a 6 year lease from 1st February 2004 at a passing rent of £5,700 per annum (£475 pcm). The tenant is holding over on the lease.
Repairs
Landlord is responsible for roof, walls and spouting.
Tenant is responsible for all other internal and external repairs including decoration, doors and windows.
Rateable value
£5,000 as at 1st April 2026
Additional information
Tenure – Freehold
EPC- TBC
The property is in a block with number 9-27 Bilston Street which are grate II listed.
Services – All mains services connected.
The property benefits from gas fired central heating
Broadband and mobile availability - https://checker.ofcom.org.uk
The Lee Shaw Partnership Commercial Department
commercial@leeshaw.com
www.leeshaw.com
01562 888111
In accordance with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, we are legally required to carry out anti-money laundering (AML) checks on all individuals purchasing a property. In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks to include PEP and Sanctions checks, biometric ID verification and verification of the source of purchase funds, on our behalf. Once an offer is agreed, Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £45 plus VAT will be charged (per individually named purchaser, including parties gifting deposits) for each AML check conducted, and Coadjute will handle the payment for this service. These (AML) checks must be completed before the property is marked as subject to contract and prior to issuing the memorandum of sale to the solicitors, to confirm the sale. Please contact the office if you have any questions in relation to this
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