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Offers in region of
£270,000

Shop for sale

Coombs Road, Halesowen
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Shop
2 beds
Added > 14 days

Features and description

  • Tenure: Freehold
  • Commercial and residential split property
  • Good location
  • Long term tenants
  • Potential for 6.5% return
  • Call oakmans today
* INVESTMENT OPPORTUNITY * CURRENTLY LET TO LONG TERM TENANTS * DUE FOR RENT REVIEW *

Oakmans offer a fantastic investment opportunity consisting of a shop on the ground floor currently used as a pharmacy and a two bedroom flat on the first floor, both of which are being let to long term tenants.

Both tenancies are up for renewal in Q3 2024 and the potential rents suggested as follows:

Commercial unit: £800pcm
Residential flat above: £675
Combined annual income: £17,700

Commercial shop briefly comprises shop floor, office room, WC, behind counter shop floor and stairs down to Storage room/ basement.

Flat above briefly comprises hallway, lounge, breakfast kitchen, two double bedrooms, family bathroom and separate shower room with multiple storage rooms/ cupboards.

To the rear there is a good sized lawn and patioed garden.

Property type: Semi-Detached multi-use property
Tenure: Freehold
Council Tax Band: A
EPC Rating: TBC
Construction Type: Standard construction
Parking Arrangements: On street parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
Accessibility Adaptations: No

Call Oakmans today!

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About this agent

Oakmans Estate Agents - Harborne
Oakmans Estate Agents - Harborne
99 High Street Birmingham B17 9NR
0121 659 3050
Full profileProperty listings
Oakmans offers a service where we help guide you from an initial valuation of your property all the
way through to handing your keys over to your new buyer. We don't just sell your house, we
appreciate the most stressful time can be the after sales process so we aim to help and support
you all the way through every step of the process through frequent contact and com... Show more
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