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High Street, Walsall

Guide Price £165,000

2 Bedroom Not Specified

Ref: EAXML381_8919257

Occupying a prime location, this mixed use investment opportunity offers a multitude of possibilities. Currently retail unit (previously rented at £550.00 per calendar month) trades as a convenience store/off licence (business not for sale). Whilst at first floor level is a recently refurbished flat currently offered with vacant possession (previously rented at £450.00 per calendar month). Whilst to the rear is a self contained suite of workshops with yard and Garage currently let on a rolling contract at £650.00 per calendar month. Potential Income is therefore in the region of £19,000.00 per annum. Thus giving a yield of approximately 11.5 % based upon Guide Price. Purchasers will be left with various options and therefore viewing of this flexible opportunity is recommended.- The property comprises:- Tenure See Legal Pack Ground Floor Retail Shop Retail Area: 51.5 sq m with additional store rooms. Self Contained First Floor Flat With gas central heating and double glazing. Lounge 4.68m x 4.62m, Recently Re-fitted Kitchen 3.64m x 3.27m, Bedroom One 4.28m x 4.25m, Bedroom Two 3.1m x 2.66m, Recently Re-fitted Bathroom with white suite 2.78m x 2.1m, Two Store Rooms and Utility Room. Rear Commercial Workshops Door leads to Entrance Hall with access to office 4.05m x 2.14m, Workshop One 5m x 5.5m, Workshop Two 7.51m x 9.19m. Main Workshop 15.23m x 6.8m, roller shutter door leads to semi enclosed yard with double gated access. Separate brick Garage 6.24m x 3.66m Hoardings There are two hoardings on the side of the building for which a rent is received of £265.00 per quarter. Viewing Viewing strictly by appointment through the Auctioneers on 0121 289 3838 Auction Information: Guide Price £165,000. For sale by public auction on Thursday 2nd August at 6pm. To be held at Bank's Stadium Walsall Football Club, Bescot Crescent, Walsall, WS1 4SA (Subject to prior sale and conditions)

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Edwards Moore

Edwards Moore

Estate House

Darwall Street

Walsall

West Midlands

WS1 1DA

United Kingdom

Tel: 01922 615222
E-Mail: wallsales@edwardsmoore.co.uk

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