Office for sale

Offices For Sale

Part Investment Income plus

Part Vacant

Dudley Court

The Inhedge Dudley DY1 1RR

LOCATION

The property is located on The Inhedge opposite the Law Courts a few minutes walk from Dudley Town Centre.

DESCRIPTION

The property comprises 3 self contained office buildings with parking to the rear. Units 5 and 6 are let, unit 7 is vacant.

TENANCY

Unit 5 and 2 parking spaces are let to a CHARITY - further details available upon request.

The lease is for a period of 5 years from February 2020 . The rental is £13,000pa. The gross floor area 1,415 sq ft.

Unit 6 and 2 parking spaces are let to Black Country Women’s Aid Ltd.

The lease is from 29 Nov 2022 to expire 25 February 2025 with a tenants break clause on 29 May 2024 . The rental is £13,000pa.

The gross floor area 1,415 sq ft.

Further details are available on request.

VACANT UNIT 7

The unit is over ground, first and second floor with a gross floor area of 4,494 sq ft .This was previously used as offices and requires refurbishment.

Planning was granted for Change of Use in 2023 to create 6 residential flats, 3 x one bed, 3 x two bed.

Interested parties must confirm this information by viewing the planning portal 

PRICE

Offers are invited for the freehold of units 5,6 and 7.  Guide Price £550,000 

LEGAL COSTS

Each party to be responsible for their own legal fees.

MONEY LAUNDERING

The purchaser will be required to comply with the Money Laundering regulations.

MISDESCRIPTIONS ACT:

The Agents for themselves and for the vendors or lessors of this property, whose agents they are, give notice that these particulars are for guidance only and do not constitute any part of an offer or contract.

All descriptions, dimensions, references to condition and any necessary permissions for use and occupation together with all other details are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely upon them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.

No person in the employment of The Agents has any authority to make or give any representation or warranty whatsoever in relation to this property.

FIXTURES, FITTINGS AND SERVICES

Reference to any gas, electrical or other fixtures, fittings, appliances or services have not been tested and no warranty is given or implied as to their availability, adequacy, condition or effectiveness.

VAT

Unless otherwise stated all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject.

TENURE

Freehold but the agents have not inspected any title documentation and intending purchasers or tenants should verify information through their legal advisor.

ENVIRONMENTAL/ASBESTOS

No environmental audit or investigation has been carried out on the property and no Environmental Report has been inspected. We have not carried out an inspection for asbestos and no Asbestos Register has been viewed. Potential purchasers/tenants should satisfy themselves on the above matters through enquiries of their Surveyor/Solicitor.