Auction House London

Lot 86

 

244 Castle Street

Dudley, West Midlands, DY1 1LP

£110,000+

Guide Price

A Vacant First and Second Floor Office. Planning Permission has been Granted for Change of Use to Provide Four x Two Bedroom Self-Contained Flats.

Description

The property comprises a commercial office unit over first and second floors (approximately 3,500 sq.ft/273 sq.m) situated within a mixed use building arranged over ground and two upper floors.

Tenure

Long Leasehold. The property is held on a 999 year lease from March 2015 (thus approximately 999 years unexpired).

Location

The property occupies a prominent corner position in Dudley Town Centre. The open spaces of Coronation Gardens & Dudley Zoological Gardens are within easy reach. Transport links are provided by Dudley Port and Tipton rail stations. Local bus and road links are also easily accessible.

Tenancy

The individual flats have been valued at an estimated rental income of £525-£550 per month each.

Accommodation (2nd Column)

First Floor
Office Room
Kitchen
Bathroom with WC & wash basin

Second Floor
Six Individual rooms
Bathroom with WC & wash basin

Planning (2nd Column)

Dudley Metropolitan Borough Council granted the following planning permission on the 8th August 2013 (Ref: P13/1042):
"change of use of first and second floors to create 4 no. apartments with elevational changes to replace security shutters and door with new timber door".

Viewing Details

Tuesday 1st September 11:00-11:30
Thursday 3rd September 11.00:11:30
Monday 7th September 11:00-11:30
Tuesday 8th September 11:00-11:30

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDFEnquire Now
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007

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