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Auction
Feudal
Guide price
£350,000
Office for sale
46 High Street, Dudley, West Midlands DY1Local area information
Property location
Nearby amenities
- St James Academy 0.4 miles
- Blowers Green Primary School 0.4 miles
- Tipton 1.6 miles
- Dudley Port 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Dudley to find out more about the local area.
Features and description
- Feudal
Guide Price = £350,000+
**For Sale By Public Auction 28th May 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Substantial Mid Terrace Building Arranged to Provide a Lower Ground and Ground Floor Shop, and First and Second Floor Office Space Fully Let to cex Ltd and Barclays Bank plc Producing a Combined £50,000 Per Annum. There is also Vacant Land to the Rear of the Property with Further Potential (STPP). Plans have been Drawn Up for the First and Second Floors to be Converted into Nine Flats (Subject to Obtaining all Relevant Consents). (14.2% Yield on the Guide Price).
Tenure
Freehold
Location
The property is situated in Dudley city centre close to local shops and amenities. Nearby multiples include B&M, Costa Coffee and Santander. Transport links are provided by Tipton rail station.
Description
The property comprises a mid terrace commercial building arranged to provide a lower ground, and ground floor retail unit, and first and second floor office space. G.I.A: 8,914 Sq Ft
Accommodation
Lower Ground Floor
Basement -G.I.A Approximately 174 sq m (1,877 sq ft)
Ground Floor
Retail Unit -G.I.A Approximately 301 sq m (3,244 sq ft)
First Floor
Office Space -G.I.A Approximately 167 sq m (1,801 sq ft)
Second Floor
Office Space -G.I.A Approximately 185 sq m (1,992 sq ft)
Exterior
The property benefits from land to the rear.
Tenancy
The lower ground and ground floor shop are let on an Fri lease let to cex Limited for 10 years from 27/11/2024 at a rent of £30,000 per annum.
The uppers are let on an Fri lease to Barclays Bank plc for 20 years from 29/09/1988 at a rent of £20,000 per annum. (Holding Over).
EPC Rating
D
Viewing Appointments to be Confirmed - Video Walkthrough Available
**For Sale By Public Auction 28th May 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Substantial Mid Terrace Building Arranged to Provide a Lower Ground and Ground Floor Shop, and First and Second Floor Office Space Fully Let to cex Ltd and Barclays Bank plc Producing a Combined £50,000 Per Annum. There is also Vacant Land to the Rear of the Property with Further Potential (STPP). Plans have been Drawn Up for the First and Second Floors to be Converted into Nine Flats (Subject to Obtaining all Relevant Consents). (14.2% Yield on the Guide Price).
Tenure
Freehold
Location
The property is situated in Dudley city centre close to local shops and amenities. Nearby multiples include B&M, Costa Coffee and Santander. Transport links are provided by Tipton rail station.
Description
The property comprises a mid terrace commercial building arranged to provide a lower ground, and ground floor retail unit, and first and second floor office space. G.I.A: 8,914 Sq Ft
Accommodation
Lower Ground Floor
Basement -G.I.A Approximately 174 sq m (1,877 sq ft)
Ground Floor
Retail Unit -G.I.A Approximately 301 sq m (3,244 sq ft)
First Floor
Office Space -G.I.A Approximately 167 sq m (1,801 sq ft)
Second Floor
Office Space -G.I.A Approximately 185 sq m (1,992 sq ft)
Exterior
The property benefits from land to the rear.
Tenancy
The lower ground and ground floor shop are let on an Fri lease let to cex Limited for 10 years from 27/11/2024 at a rent of £30,000 per annum.
The uppers are let on an Fri lease to Barclays Bank plc for 20 years from 29/09/1988 at a rent of £20,000 per annum. (Holding Over).
EPC Rating
D
Viewing Appointments to be Confirmed - Video Walkthrough Available
Floor plans and tours
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Auction House London
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