Office Investment for Auction Dudley DY5 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

Guide price £775,000. Long leasehold modern office building which is configured to provide 5 suites on the ground floor and a further 5 suites on the first floor, extending to approximately 16,106 sq ft (1,496 sq m). The property benefits from 10 underground car parking spaces and a further 11 allocated above ground spaces. The development benefits from CCTV, 24 hour site security, extensive landscaped grounds, excellent car parking and is gated out of hours. Current rental income £115,029 pa. The property is long leasehold for a term of 150 years with effect from 1989 having approximately 115 years unexpired, at a peppercorn ground rent.