Property for sale
Property description & features
- Tenure: Freehold
- Rear Garden
- Investment Property
- Development Potential
- High Street
- View more: underthehammer.com
For Sale by under the hammer online auction. Monday 16th - Tuesday 17th December 2024 - Head over to our website to download the legal pack, register to bid and see more information.
Commercial property in Bearwood, located on the busy high street. The upstairs sections of the building are vacant and can be accessed by a separate entrance from the front, ideal for residential conversion on the first and second floors into multiple apartments, subject to planning.
The property is currently part let (downstairs) on a Seven year FRI lease to a carpet shop, the rent will be as followed:
Second Year (commencing June 2024): £35,000 PA
Third Year+ (commencing June 2025): Rent review at market value.
Bearwood is a suburban area located in the western part of Smethwick, within the Borough of Sandwell, West Midlands. Situated about 3 miles west of Birmingham city centre, Bearwood offers easy access to the larger urban areas while maintaining a quieter, residential atmosphere. The area is well-connected by road, with the A456 providing direct routes into Birmingham and beyond. Bearwood is also served by multiple bus routes, offering convenient access to nearby towns like Wolverhampton and Dudley. Its proximity to nearby parks and green spaces, such as Lightwoods Park, adds to its appeal as a desirable location for families.
Here's what to do next
- Visit - Our website and view the auction terms.
- View - Book a viewing directly through our website.
- Register - Get registered prior to the auction opening date.
- Legal Pack - Download and view the legal pack to find out all the relevant information.
- Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
- Bidding - Everything is completed online through the website and the intuitive bidding controls.
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Property reference 15_3117. 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 Under The Hammer - Birmingham.
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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
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Mobile phone signal availability and predicted strength
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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
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