Large Empty Property A3 & A5 In Dudley For Sale Dudley, West Midlands, United Kingdom Advert ref: EU855K Business description
This Large detached empty property on two floors, occupies a prestigious corner site , in a busy road close to the centre of Dudley in the West Midlands. The road contains a mixture of businesses and retail outlets, including food outlets and is an ideal site for a restaurant, take away or retail outlet. It would also be ideal for coversion into businesses and flats
The building has two entrances, one in each road; the lower floor has been extended and there is a vehicle accessible side entrance off the main road, leading to a good sized yard, a garage and some out buildings. The fire escape exits into this yard.
The property was to be renovated by the last owners who traded from the premises for several years, but although they started the project, virtually no work took place and the inside still requires a considerable amount of work before it could re-open. However it is at the stage where it could be altered or divided to suit any form of business or number of businesses.
A potential purchases was found towards the end of 2008 and he successfully applied for A3, A1 & A2 in addition to the A5 permission already in place. He also obtained planning permission for two different projects, including changing the downstairs into a retail showroom at one end and a take away pizza shop at the other, with two large windows to replace the four current windows, and two new doors fronting onto Wolverhampton Street. The upstairs was to be a large retail outlet. The other plans were for restaurants on both floors with take away. Copies of the plans and permission letters are available.
Unfortunately this person did not complete the purchase, but kept the owners waiting for over a year. They had no income from the property; so it was taken back by the mortgage company and is now being sold on the instructions of the mortgagees in possession.
The whole plot measures approximately 19.4 meters (63ft 6in) along the side fronting the main road and 15.7 Meters (51.5ft) along the secondary street.
Years established: Closed business
Property: Freehold
Location
In a busy road close to the centre of Dudley. There are other catering and retail outlets in the road as well as offices and residential properties
Reasons for selling
Being sold on behalf of the mortgagees in possession
|
|  | |  |
| | Financial details Asking price: £180,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
|
| | | |
|
