5, Alderwood Precinct, Northway, Sedgley, West Midlands
Price  £215,000

  • Retail space approximately 766.39 sq ft (71.2sqm)
  • Located amongst a mix of retailers
  • Annual income produced is £16,200
  • Price: £215,000

Location

This investment property is located in a prime suburban retail position, approximately 4.3 miles to the town centre of Dudley, via the A459. Situated on a parade amongst numerous retail premises, including a newsagents and fish bar. The property is also benefiting from residential accommodation above.

Description

The property comprises of a terraced building, constructed of brick elevations with a flat roof covering. The ground floor retail space is occupied by ‘The Fireplace Studio’ producing a rental income of £9,300 per annum for 6 years from 01.04.2016. The flat above is producing a rental of £6,900 per annum.

Map View

Street View