Commercial property for sale in Colley Lane, Halesowen 2Ud, Halesowen B63

£325,000
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Commercial property for sale

4 2

Property features

  • Investment Property
  • Rear Garden
  • Parking Space
  • Investment Property
  • Rear Garden
  • Parking Space
  • View more information on our website

Property description



For Sale - If you head over to our website. You can download and view the Advanced Property Pack, book a viewing, make an offer directly through our website. All offers go direct to the sellers.

A Freehold Mixed use investment property consisting of (Two Commercial Retail Units) and (Two 1 Bedroom Flats with separate access) the property is completely occupied and the breakdown is as followed.

The property is located in a prime position of Halesowen, having parking available at the front with thriving business's close by, the property further benefits from a large rear garden which could potentially be suitable for further out buildings (subject to planning).

65 Colley Lane - £758.33pcm - 8 Year Fri Lease starting from 08 Sep 2017 - Commercial

67 Colley Lane - £500.00pcm - 11 Year Fri Lease starting from 05 Dec 2017 - Commercial

65a Colley Lane - £425.00pcm - Rolling AST - potential rent increase available. - Residential

65a Colley Lane - £425.00pcm - Rolling AST - potential rent increase available. - Residential

Current Income Per Annum: £25,299.96

Please be aware that all the residential properties are subject to rent increases as the flats are all on Rolling AST agreements. All residential properties have separate access leading into each apartment via the rear of the building.

We have estimated that the potential rental income after rent increases would be £28,299.96.

Council Tax Band: 65 Colley Lane- A

67 Colley Lane-b

EPC Rating: 65 Colley Lane- C

67 Colley Lane- D

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Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Advanced.co.uk, and do not constitute property particulars. Please contact Advanced.co.uk for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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