63 High Street, Bilston, West Midlands WV14 0HH
Barnett RossBarnett Ross was formed in October 2002, drawing upon the combined 60 year's auction experience of John Barnett and Jonathan Ross, and immediately established itself as one of the largest independent auction houses in the U.K.
Read more Read moreA leasehold retail investment property located in a prominent trading position near the junction of the A463 and A4039, opposite a McDonald's Drive-Thru and Lidl Supermarket, and close to Co-op Funeral Services. The property is situated approximately 3 miles south-east of Wolverhampton and 10 miles north-west of Birmingham, with good road access via the M6 (Junction 10) and the A4123. The ground floor shop forms part of a retail parade and includes a front forecourt, with a rear service road providing vehicular access for unloading. The accommodation comprises a ground floor shop with a gross frontage of 15'4", internal width of 14'0", built depth of 43'0", and an approximate area of 505 sq ft. The property is let on a repairing and insuring lease to H. K. S. Mahammed as a barbers for a term of 16 years from 17th April 2025 at a current rent of £12,000 per annum exclusive, with rent reviews scheduled for 2029 and every four years thereafter linked to RPI. The tenure is leasehold for a term of 999 years from 28th April 2025 at a peppercorn ground rent.
Interested in this lot?
No Affiliation: PropertyAuctions.io is an independent service and is not affiliated with, endorsed by, or connected to any auction house, auctioneer, or property owner listed on this site.
Information Accuracy: All property information, including auction dates, descriptions, images, and pricing, is provided for informational purposes only and may contain errors or be outdated. We make no guarantee regarding accuracy or completeness.
Third-Party Content: Property images and descriptions are sourced from publicly available information. We do not claim ownership of content that may be copyrighted by auction houses or other parties.
Your Responsibility: You must verify all information directly with the relevant auction house before bidding or making any decisions. PropertyAuctions.io is not liable for any errors, omissions, or losses arising from use of this website.
Report Issues: If you spot an error or have copyright concerns, please report it here.
