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Bilbrook Road 13
Bilbrook Road 13
Bilbrook Road 13
Bilbrook Road 13
Under Offer
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13 Bilbrook Road, Codsall, Wolverhampton, WV8 1EU

Under Offer

Retail : For Sale

2,406 (224 sq m)

Key Features
  • Let to Tesco Stores Ltd, approx 4 years remaining
  • Passing rent £14,700 per annum
  • Two bedroom flat on the First Floor.
Location

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.

 

Property Description

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.

 

 

EPC Rating

An EPC has been carried out on this property and it has been awarded a grade 68 D.

Price
  • £240,000.

Accommodation
sq ft sq m
Ground Floor 1,700 157.93
First Floor 706 65.59
Total 2,406 223.52
For full details of occupancy costs and plans, please download the property brochure PDF or contact us direct. Call us on: 0121 544 2121
Download Property Brochure
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