Let to the registered charity National Schizophrenia Fellowship trading as Rethink
Self-contained office terrace, with parking
Close to the local High Street and central shopping area
Six Week Completion
Lot 26
Auction 8th December 2011
Rent £14,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Office
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
5 miles north-west of Birmingham, 8 miles south-east of Wolverhampton, 51 miles south-west of Nottingham
Roads
A45, M5, M6
Rail
Sandy & Dudley, Dudley Port railway stations
Air
Birmingham International Airport
Situation
The property is situated in the town centre on Victoria Road, parallel with the High Street and is walking distance from the central shopping area.
Tenure
Freehold.
Location
Miles
5 miles north-west of Birmingham, 8 miles south-east of Wolverhampton, 51 miles south-west of Nottingham
Roads
A45, M5, M6
Rail
Sandy & Dudley, Dudley Port railway stations
Air
Birmingham International Airport
Situation
The property is situated in the town centre on Victoria Road, parallel with the High Street and is walking distance from the central shopping area.
Tenure
Freehold.
Description
The property comprises an attractive mid terrace office, arranged over ground and first floors. In addition, the property benefits from gas-fired central heating and 3 parking spaces.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an attractive mid terrace office, arranged over ground and first floors. In addition, the property benefits from gas-fired central heating and 3 parking spaces.
VAT
VAT is 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 First
Office Office
40.88 sq m 45.98 sq m
(440 sq ft) (495 sq ft)
NATIONAL SCHIZOPHRENIA FELLOWSHIP (t/a Rethink) (1)
25 years from 25/03/1988 on a fully repairing and insuring lease
£14,000
24/03/2013
Totals
86.86 sq m
(935 sq ft)
£14,000
(1) For the year ending 31/03/2010 National Schizophrenia Fellowship reported a pre-tax profit of £1,634,000 and a total net worth of £15,402,000. (Source: www.riskdisk.com 08/11/2011)