Flat for sale in High Street, West Bromwich, West Midlands B70

Offers in region of £895,000
Flat for sale - 8 bedrooms 8 4 4
Interested in this property? Call +44 121 721 9062 * or Request Details

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Property features

  • Commercial/Residential Block Located in Central West Bromwich High Street
  • Shop Unit Let To William Hill plc
  • Block of x4 Self Contained Let To Serco Plc with 7+ Years Lease
  • Annual Rental Income of £62,000
  • X4 Flats All Fully Refurbished To High Standard
  • Car Parking / Loading Bay To The Rear Of Premises
  • Acesssible For Viewings

Property description

** commercial block with ground floor shop unit & 4 fully self contained flats**

A unique opportunity to purchase a Commercial Premises with a strong plc Covenant***
Gross Rental £62,000 pa offering a Gross Yield of 6.92%
Let on long term leases.

Gross Rental £62,000 per annum

Located in High St West Bromwich set in a busy pedestrianised parade of shops, having the benefit of a mixture of plc and family run outlets.

Ground floor premises let to William Hill Plc on a long-term Fri lease current lease to run till 2027.

First and Second Floor having the benefit of 4 flats fully let to Serco plc till 2027 with an option to extend till 2030.
Flat 1 - 2 bedrooms, lounge, fitted kitchen, bathroom
Flat 2 - 1 bedrooms, lounge, fitted kitchen, bathroom
Flat 3 - 3 bedrooms, lounge, fitted kitchen, bathroom
Flat 4 - 2 bedrooms, lounge, fitted kitchen, bathroom

Car parking / loading bay to the rear of the premises

The owner has extensively refurbished the property throughout in 2020, and it meets all current building and fire regulation standards

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For more information about this property, please contact
Henley Charles, B21 on +44 121 721 9062 * (local rate)

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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 Henley Charles, and do not constitute property particulars. Please contact Henley Charles 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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