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Offers in region of
£250,000

Mixed use for sale

285 Bearwood Road, Smethwick, West Midlands, B66 4DR
Mixed use
1,316 sq ft / 122 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • Guide Price £250,000
  • Passing Rental £25,600 PA
  • Ground Floor Takeaway Premises
  • First Floor Flat
  • First Floor Studio*
Description
The property comprises of a mixed-use investment premises set along Bearwood Road.

The building comprises of a ground floor takeaway premises which provides predominantly open plan retail space with rear ancillary and kitchen areas. The premises is let for a term expiring in 2034 at a current passing rental of £10,000 per annum.

Accessed to the rear of the property via a steel staircase and walkway there are two residential units which are let on assured shorthold tenancy agreements generating an additional £15,200 per annum.

Externally there is a blockwork garage / storage building, which is vacant.

Location
The property is located in a prominent roadside position, to the northern end of Bearwood Road (A4030), close to its junction with Waterloo Road in the Bearwood area of Sandwell.

The immediate area is a mixed residential and commercial location with the Bearwood Road well served by a mix of national and local retailers.

What3words
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Services
The property benefits from all mains services connected on, or adjacent to the subject premises.

The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own due diligence.

Property information from this agent

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About this agent

Siddall Jones - Birmingham
Siddall Jones - Birmingham
The Mint, 95 Icknield Street Birmingham, West Midlands B18 6RU
0121 721 2616
Full profileProperty listings
SiddallJones are an independent firm of commercial property consultants based in Birmingham and covering the West Midlands region. We are multi disciplined businesses who pride ourselves in delivering the highest standard of client care, using our knowledge and experience of local and regional markets to provide a range of services to our local and national clients. Since our inception we have secured over one million sq ft of commercial agency instructions. Our clients vary from sole traders to multi nationals, but we trade on the basic value of treating all clients equally and offering the highest standards of care and professionalism throughout our instructions.
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