This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
13-15 Bilbrook Rd
2,406 SF Retail Unit Offered at £240,000 in Codsall WV8 1EU
Investment Highlights
- Let to Tesco Stores Ltd, approx 4 years remaining
- The property sits on the busy retail parade of Bilbrook Road within the busy village of Bilbrook and neighbouring Codsall
- Two bedroom flat on the First Floor.
Executive Summary
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.
Property Facts Sale Pending
| Price | £240,000 | Sale Type | Investment |
| Unit Size | 2,406 SF | Building Class | B |
| No. Units | 1 | Number of Floors | 2 |
| Total Building Size | 2,717 SF | Typical Floor Size | 2,717 SF |
| Property Type | Retail (Unit) | Year Built | 1970 |
| Property Subtype | Storefront Retail/Residential | Tenancy | Single |
| Price | £240,000 |
| Unit Size | 2,406 SF |
| No. Units | 1 |
| Total Building Size | 2,717 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 2 |
| Typical Floor Size | 2,717 SF |
| Year Built | 1970 |
| Tenancy | Single |
1 Unit Available
Unit 13
| Unit Size | 2,406 SF | Sale Type | Investment |
| Price | £240,000 | Tenure | Freehold |
| Price Per SF | £99.75 | Net Initial Yield | 6.12% |
| Unit Use | Retail | NOI | £14,700 |
| Unit Size | 2,406 SF |
| Price | £240,000 |
| Price Per SF | £99.75 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.12% |
| NOI | £14,700 |
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.
Sale Notes
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.
Interior Photo
Interior Photo
Amenities
- Security System
- Storage Space
Nearby Major Retailers
Presented by
13-15 Bilbrook Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.