Summary

Property Type Mixed Use
Tenure For Sale
Size 1,316 sq ft
Price Offers in the region of £250,000
Rates Payable £1.12 per sq ft Small Business Rates Exempt
Service Charge n/a
Estate Charge n/a
EPC Rating This property has been graded as C (74)
  • Guide Price £250,000
  • Passing Rental £25,600 PA
  • Ground Floor Takeaway Premises
  • First Floor Flat
  • First Floor Studio*

About

The property comprises of a mixed-use investment premises set along Bearwood Road.

The building comprises of a ground floor takeaway premises which provides predominantly open plan retail space with rear ancillary and kitchen areas. The premises is let for a term expiring in 2034 at a current passing rental of £10,000 per annum.

Accessed to the rear of the property via a steel staircase and walkway there are two residential units which are let on assured shorthold tenancy agreements generating an additional £15,200 per annum.

Externally there is a blockwork garage / storage building, which is vacant.

285 Bearwood Road, West Midlands, Mixed Use For Sale - Photo 26112024 13 16 56.jpg

Accommodation

Namesq ftsq mAvailability
Ground - Takeaway 662 61.50 Available
1st - Residential 360 33.45 Available
1st - Studio 160 14.86 Available
Outdoor - Garage 134 12.45 Available
Total1,316122.26

Location

The property is located in a prominent roadside position, to the northern end of Bearwood Road (A4030), close to its junction with Waterloo Road in the Bearwood area of Sandwell.

The immediate area is a mixed residential and commercial location with the Bearwood Road well served by a mix of national and local retailers.

Get directions from Google Maps

285 Bearwood Road - Photo 26112024 13 14 06.jpg

Further Information

  • What3words

    ///sailor.cooks.resist

  • Services

    The property benefits from all mains services connected on, or adjacent to the subject premises.

    The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own due diligence.