No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Old walsall road
Gallery
£750,000
Added > 14 days

Property for sale

birmingham, B42
Save
Property
3 bed
0 bath

Property description & features

  • Tenure: Freehold

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.

    Property information from this agent

    Places of interest

      Request viewing/info
      Pam Estates Ltd is an independent firm of estate and letting agents based in Handsworth, Birmingham. With over 27 years of experience, we have high professional standards and pride ourselves on offering a friendly and personal service to all our clients. As one of the leading estate agents in Handsworth, Birmingham and the surrounding areas, we merge traditional values with a modern approach offering a variety of property services to our clients. From selling your property for the first time to efficiently managing your property portfolio, our expertise covers all aspects of the housing industry. Our reputation over 27 years has grown allowing us to gain the resources of many professionals in our industry and acquire the services of experts in financial planning and legal expertise. We can set you up with these specialists to support your property exchange and ensure that it runs as smoothly as possible, within your desired timescales. So if you are thinking of selling or buying, letting or renting, let us help. Our friendly and experienced staff are always on hand to advise and assist in any way they can, so we welcome you to contact us by phone, email or come along and meet us in our office for a personal discussion about your needs and our services.

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      Property reference walsall_rd. 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 Pam Estates - 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

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      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

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      *Call rate information

      Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.