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Commercial property for sale

£750,000

Railway Terrace, Old Walsall Road, Great Barr, Birmingham B42

Commercial property for sale
Interested in this property? Call +44 121 659 8566 * or Request Details

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Property description



Prime Freehold Investment Opportunity - Block of 4 Shops

We are pleased to present an exceptional investment opportunity in the form of a freehold property comprising a block of four shops, strategically located to maximize both visibility and accessibility. This commercial property is now available for sale at the competitive price of £750,000, offering a rare chance for discerning investors seeking a stable and income-generating asset.

Dimensions: (full Details available on request)







Desert Shop:





Sales Area 525 sqft (48.77 m2)

Storeroom

Separate W.C

Butcher Shop:





Sales Area 397 sqft (36.88 m2)

Kitchen Facility

Separate W.C



Ram:





Sales Area 236 sqft (21.7m2)

Phone shop:





Sales Area 427 sqft (39.66 m2)

Please Note: There is also two, three bedroom flats. We are waiting access.

Key Features:

  • Freehold Ownership: Acquire full ownership of the property, providing you with long-term control and the potential for future capital appreciation.

  • Prime Location: Situated in a high-traffic area, these four shops benefit from excellent visibility and footfall. The location is strategically chosen to attract a diverse customer base, enhancing the commercial viability of the investment.

  • Stable Rental Income: The property currently generates an impressive rental income of £54,000 per annum. This stable and predictable cash flow is derived from established tenants occupying each of the four shops, ensuring a reliable return on investment.

  • Diversified Tenant Portfolio: The shops are currently leased to a mix of reputable tenants, contributing to a diversified income stream. This helps mitigate risk and ensures a consistent flow of revenue.

  • Potential for Value Enhancement: With the option for future improvements or renovations, there exists potential for increased rental income and enhanced property value, providing investors with an opportunity to further optimize returns.

  • Low Vacancy Risk: The property's prime location and the current stability of tenants significantly reduce the risk of vacancies, ensuring a consistent and reliable rental income stream.



  • Financial Highlights:

    • Asking Price: £750,000 (freehold)

    • Shops full rental annual income: £38,400

    • Flats rental annual income: £18000

    • Current Rental Income: £56,400 per annum

    • Yield: 7.5%



    Investment Potential:

    This property presents a unique opportunity for investors seeking a secure and income-generating asset with the potential for long-term appreciation. The combination of a prime location, stable rental income, and the prospect for future value enhancement makes this block of four shops an attractive proposition in today's competitive real estate market.

    Viewing and Further Information:

    Interested parties are invited to contact Pam Estates Ltd to arrange viewings, request additional details, or discuss the investment potential of this prime freehold property. Don't miss the chance to add a reliable and income-producing asset to your portfolio.

    Disclaimer: All figures and information provided are based on current market conditions and are subject to change. Prospective buyers are advised to conduct their own due diligence before making any investment decisions.

    Please Note:

    1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

    2. These particulars do not constitute part or all of an offer or contract.

    3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

    4. Potential buyers are advised to recheck the measurements before committing to any expense.

    5. Pam Estates has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

    6. Pam Estates has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

    Disclaimer

    These particulars are prepared as a general guide for the property and whilst they are believed to be correct their accuracy is not guaranteed. As such all photographs, measurements, floorplans and distances referred to are only provided as a guide and should not be relied upon for the purchase of flooring or any other fixtures or fittings. Any and all fixtures and fittings listed in these particulars are deemed removable by the vendor. We have not tested any apparatus, equipment, fixtures, or services and it is in the buyer\'s interest to check the working condition of any applications. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars. Whilst we take care in preparing these particulars, it is the buyer\'s responsibility to ensure they have carried out all their investigations of the various aspects of the property and that his/her legal representative confirms as soon as possible all matters relating to title, including the extent and boundaries of the property and other important matters, before exchange of contracts.

    Any ground rent, service charges and any other lease details (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

    The Agents accept no liability for injury or loss to persons or property when visiting the property. In accordance with the Money Laundering Regulations 2017, the intending purchaser will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there is no delay in agreeing to the sale.

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    Pam Estates, B21 on +44 121 659 8566 * (local rate)

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pam Estates, and do not constitute property particulars. Please contact Pam Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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