74A&B Walsall Road, Sutton Coldfield, West Midlands, B74 4QY
- Size
- Size on application
- Tenure
- Freehold
- Property type
- Retail - High Street
- Availability
- Available
About this property
Location
Situated just north of Birmingham in the Royal Town of Sutton Coldfield, Four Oaks is an affluent, well-regarded and established area known for its excellent transport links, professional community, and attractive surroundings. The location benefits from a strong local demographic, a mix of independent businesses and national retailers, and close proximity to Sutton Park, offering green space and amenities for both employees and clients.
Description
This unique freehold investment opportunity is situated just north of Birmingham, in the affluent, well-regarded suburb of Four Oaks. Comprising two income-producing ground floor retail units with a single residential dwelling above. The total passing rent is £41,000 pax.
Tenure Comments
We are seeking offers over £500,000 (exclusive) for the freehold interest. The property could be sold as a TOGC, subject to a buyer being eligible.
EPC
74a - Under re-assessment 74b - C(67) - Expires November 2035
Service Charge Information
Given the minimal amount of shared services, the landlord operates an ad-hoc service charge, where communal costs are recharged in arrears after they are incurred.
Planning
The retail premises operate under E Class and the first floor apartment is consented residential.
VAT
The premises are not elected for VAT purposes.
Legal Costs
Each party to be responsible for their own legal costs.