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283-289 Walsall Rd 882 sq ft Retail Unit Offered at £90,000 in West Bromwich B71 3LN
Investment Highlights
- Situated on the east side of Walsall Road, close to its junction with Hall Green Road
- Close to local amenities
- Junction 1 of the M5 Motorway is located close to the town, as is Junction 9 of the M6 Motorway
Executive Summary
West Bromwich is a retail and commercial town located some 5 miiles to the north\-west of Birmingham and forms part of the West Midlands conurbation. Junction 1 of the M5 Motorway is located close to the town, as is Junction 9 of the M6 Motorway. The property is situated on the east side of Walsall Road, close to its junction with Hall Green Road. Occupiers close by include Tesco Express & Petrol Station, Post Office & Greggs amongst others
Property Facts
| Total Property Size | 4,500 sq ft | Floors | 1 |
| Property Type | Retail (Unit) | Typical Floor Size | 4,500 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1960 |
| Costar Property Class | C | Total Plot Size | 0.30 ac |
| Total Property Size | 4,500 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 1 |
| Typical Floor Size | 4,500 sq ft |
| Year Built | 1960 |
| Total Plot Size | 0.30 ac |
1 Unit Available
Unit 289
| Unit Size | 882 sq ft | Tenure | Freehold |
| Price | £90,000 | Net Initial Yield | 10.56% |
| Price Per sq ft | £102.04 | NOI | £9,504 |
| Unit Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 882 sq ft |
| Price | £90,000 |
| Price Per sq ft | £102.04 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 10.56% |
| NOI | £9,504 |
| Sale Conditions | Auction Sale |
Description
Comprising ground floor shop and self contained flat above (sold off). Forms part of alarger parade within established residential area.
Sale Notes
Shop let to Ladbrokes Betting & Gaming Limited on 10 year lease renewal
Nearby Major Retailers
Presented by
283-289 Walsall Rd
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