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Bilbrook Road 13
The property sits on the busy retail parade of Bilbrook Road within the busy village of Bilbrook and neighbouring Codsall. Bilbrook sits to the North of Wolverhampton City Centre and is just off the M54 Motorway, Junction 2.
13 Bilbrook Road is a two storey red bricked retail premises under a pitched tiled roof with single storey extension to the rear for retail storage.
The premises has on street parking to the front. The building is a semi-detached premises which is knocked through to 14 Bilbrook Road and Tesco Store Ltd occupy both ground floor premises. Tesco Store Ltd’s lease includes the ground and first floor accommodation and we understand that Tesco Store Ltd rent out the First Floor two bedroomed flat.
This property is available freehold.
TENURE:
This property is available freehold. The existing Lease on the premises is as follows:
Tenant - Tesco Store Ltd
Company Registration No - 519500
Lease Commencement - 14th December 2013
LEASE DETAILS:
Term - 15 Year Term
Lease Termination Date - 15th December 2028
Passing Rent - £14,700 per annum
Rent Review - 14th December 2023
Outcome of Rent Review - TBC
Break Clause - 14th December 2023
Tenant Only Break Clause - 14th December 2023 and was not actioned.
A copy of the Lease can be provided upon request.
£240,000.
| sq ft | sq m | Acres | Hectares | |
|---|---|---|---|---|
| Ground Floor | 1,700 | 157.93 | ||
| First Floor | 706 | 65.59 |
Let to Tesco Stores Ltd, approx 4 years remaining
Passing rent £14,700 per annum
Two bedroom flat on the First Floor.
The property sits on the busy retail parade of Bilbrook Road within the busy village of Bilbrook and neighbouring Codsall. Bilbrook sits to the North of Wolverhampton City Centre and is just off the M54 Motorway, Junction 2.
13 Bilbrook Road is a two storey red bricked retail premises under a pitched tiled roof with single storey extension to the rear for retail storage.
The premises has on street parking to the front. The building is a semi-detached premises which is knocked through to 14 Bilbrook Road and Tesco Store Ltd occupy both ground floor premises. Tesco Store Ltd’s lease includes the ground and first floor accommodation and we understand that Tesco Store Ltd rent out the First Floor two bedroomed flat.
This property is available freehold.
TENURE:
This property is available freehold. The existing Lease on the premises is as follows:
Tenant - Tesco Store Ltd
Company Registration No - 519500
Lease Commencement - 14th December 2013
LEASE DETAILS:
Term - 15 Year Term
Lease Termination Date - 15th December 2028
Passing Rent - £14,700 per annum
Rent Review - 14th December 2023
Outcome of Rent Review - TBC
Break Clause - 14th December 2023
Tenant Only Break Clause - 14th December 2023 and was not actioned.
A copy of the Lease can be provided upon request.
£240,000.
| sq ft | sq m | Acres | Hectares | |
|---|---|---|---|---|
| Ground Floor | 1,700 | 157.93 | ||
| First Floor | 706 | 65.59 |
Bilbrook Road 13
13 Bilbrook Road, Codsall, Wolverhampton, WV8 1EU
Retail: For Sale
2,406 (224 sq m)
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