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108 Three Shires Oak Rd 550 sq ft Retail Property Smethwick B67 5BT £700,000 (£1,272.73/sq ft)



Investment Highlights
- Freehold Property
- Mixed use building
- First floor residential
- Good bus route services nearby
- Secured parking
- Class E use
- Ground and lower ground floor commercial
- Prominent position
- Garaging
- Lift servicing ground and lower ground floors
Executive Summary
Being sold via Secure Sale online bidding. Terms and Conditions apply.
For sale with Class E use is this freehold end of terrace ground and lower ground commercial unit with lift and three separate first floor residential properties with garaging for multiple vehicles and secure off street parking accessed via a covered driveway on Three Shires Oak Road in Bearwood, Smethwick.
The property occupies a prominent position adjacent to St Gregory’s Church in an established parade of mixed use shops between Lightwoods Road and Wattis Road a busy stretch and bus route of the B4182 in the heart of Bearwood.
Formerly a Funeral Directors the ground floor is currently arranged as offices with a lift serving the lower ground floor only storage, boiler room and parking whilst to the first floor there a three self-contained residential properties, a floor plan will be made available shortly showing the exact dimensions of these rooms.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
For sale with Class E use is this freehold end of terrace ground and lower ground commercial unit with lift and three separate first floor residential properties with garaging for multiple vehicles and secure off street parking accessed via a covered driveway on Three Shires Oak Road in Bearwood, Smethwick.
The property occupies a prominent position adjacent to St Gregory’s Church in an established parade of mixed use shops between Lightwoods Road and Wattis Road a busy stretch and bus route of the B4182 in the heart of Bearwood.
Formerly a Funeral Directors the ground floor is currently arranged as offices with a lift serving the lower ground floor only storage, boiler room and parking whilst to the first floor there a three self-contained residential properties, a floor plan will be made available shortly showing the exact dimensions of these rooms.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
Property Facts
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
550 sq ft
Costar Property Class
B
Price
£700,000
Price per sq ft
£1,272.73
Tenancy
Single
Number of Floors
2
Frontage
16 ft on Three Shires Oak Road
Amenities
- Storage Space
1 1
Nearby Major Retailers
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108 Three Shires Oak Rd
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