Investment, For Sale
5 Walsall Road, Cannock, Cannock, Staffs, WS11 0HG.
Details
Property reference:
CA/BP/2334/a0924/ELH
Address:
5 Walsall Road, Cannock, Cannock, Staffs, WS11 0HG.
Location:
The property occupies a prominent position on the edge of Cannock town centre fronting Walsall Road (A34) being within close proximity of Morrisons, Aldi and Asda supermarkets. Cannock is located approximately 8 miles north of Wolverhampton and 6 miles south of Stafford, benefiting from good road communications being within close proximity of the A5 and M6 Toll Road, as well as junctions 11 and 12 of the M6 motorway.
Description:
The premises presently comprise of a retail bed showroom.
Detailed Specification
- Size: 5,136 sq ft (477.1 sq m)
- Price/ Rent: £325,000 plus VAT.
- Accommodation:
All measurements are approximate:
Sales: 4,380 sq ft (406.9 sq m) Front Stores: 756 sq ft (70.2 sq m) Total: 5,136 sq ft (477.1 sq m) - Planning: We understand all mains services are available.
- Local authority: Cannock Chase District Council - Tel: 01543 462621.
- Viewing: Strictly by prior appointment with the Agent's Cannock office.
- Energy Performance Certificate (E.P.C.): Energy Performance Certificate B-43
- E.P.C. Number: 0940-0431-8989-6528-0006
- V.A.T.: VAT is payable on the sale price.
- Legal Cost: Each party is to be responsible for their own legal costs and professional fees.
- Service Charge: We understand that a service charge is levied for the maintenance and upkeep of common parts and areas.
- Rateable Value: £17,750 - VOA.
- Rates Payable: £8,857.25 - 2024/2025.
- Further Information:
TENURE
The property is available to purchase freehold, subject to the occupational lease in favour of Sleep Assured Limited, whose lease expires on 31st July 2025 and are currently paying £20,000 per annum exclusive. The lease is contracted outside the security provisions of Part II of the Landlord & Tenant Act 1954 and a copy of the lease is available upon request.
PLANNING FEASIBILITY
A planning feasibility has been undertaken for the redevelopment to include 2 retail shop units and 2 residential flats on the ground floor and 4 flats on the first floor. Further information is available upon request.
Disclaimer: Messrs. Andrew Dixon & Co. (and their joint agents, where applicable) for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that : (1) The particulars are set out as a general outline for the guidance of intending purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. (2) Any information contained herein (whether in the text, plans or photographs etc.) is given in good faith but without responsibility and is believed to be correct. Any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Messrs. Andrew Dixon & Co. has any authority to make or give representation or warranty whatsoever in relation to this property. (4) Whilst every care has been taken to prepare these particulars, we would be grateful if you could inform us of any errors or misleading descriptions found in order that we may correct them in our records.
