Property for sale
Property description & features
- Tenure: Freehold
- Investment Property
- Rear Garden
- Parking Space
- View and find out more on Advanced.co.uk
For Sale - If you head over to our website. You can download and view the Advanced Property Pack, book a viewing, make an offer directly through our website. All offers go direct to the sellers.
A Freehold Mixed use investment property consisting of (Two Commercial Retail Units) and (Two 1 Bedroom Flats with separate access) the property is completely occupied and the breakdown is as followed.
The property is located in a prime position of Halesowen, having parking available at the front with thriving business's close by, the property further benefits from a large rear garden which could potentially be suitable for further out buildings (subject to planning).
65 Colley Lane - £758.33pcm - 8 Year FRI Lease starting from 08 Sep 2017 - Commercial
67 Colley Lane - £500.00pcm - 11 Year FRI Lease starting from 05 Dec 2017 - Commercial
65a Colley Lane - £425.00pcm - Rolling AST - potential rent increase available. - Residential
65a Colley Lane - £425.00pcm - Rolling AST - potential rent increase available. - Residential
Current Income Per Annum: £25,299.96
Please be aware that all the residential properties are subject to rent increases as the flats are all on Rolling AST agreements. All residential properties have separate access leading into each apartment via the rear of the building.
We have estimated that the potential rental income after rent increases would be £28,299.96.
Council Tax Band: 65 Colley Lane- A
67 Colley Lane-B
EPC Rating: 65 Colley Lane- C
67 Colley Lane- D
VIEWING DAYS & TIME:
Please Enquire for viewing availability.
Here's what to do next
- Visit - Our website
- View - Book a viewing directly through our website.
- Register - Register as a buyer to make offers, download packs and receive real-time notifications on properties you're interested in.
- Advanced Property Pack - Download and view the property information in the Advanced Property Pack. Built to ensure complete transparency.
- Offers - Offer directly to the seller through the website.
- It's yours - Once you've negotiated price and timeframes with the seller, the property will be yours and you'll know exactly when you're getting your keys!
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 15_1157. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Advanced- Birmingham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.