Freehold Shop and Residential Investment, BEARWOOD

524 Bearwood Road, Bearwood, B66 4BX

Bearwood is a popular suburb where major multiple retailers including Aldi, Poundland, Argos, Greggs and Subway are all represented. 524 Bearwood Road is situated immediately adjacent to the Midland Public House, opposite Co-Op Supermarket and Bearwood Indoor Market and close to Acorns, Cash Generator, Barclays, Cake Box, etc.

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LOCATION
Bearwood is a popular suburb where major multiple retailers including Aldi, Poundland, Argos, Greggs and Subway are all represented. 524 Bearwood Road is situated immediately adjacent to the Midland Public House, opposite Co-Op Supermarket and Bearwood Indoor Market and close to Acorns, Cash Generator, Barclays, Cake Box, etc.

DESCRIPTION
The premises comprise a vacant ground floor retail unit, together with a first floor self-contained three bedroomed flat which is accessed via the rear. We are advised that the premises benefit from full gas central heating and double glazing. The living accommodation is let and producing an income of £450 pcm.

ACCOMMODATION
Approximate internal dimensions and areas are detailed below:

VACANT GROUND FLOOR RETAIL UNIT
INTERNAL WIDTH 14’0” 4.3 m
SHOP DEPTH 31’0” 9.4 m
NET SALES AREA 435 sq ft 40 sq m
REAR STORE 130 sq ft 12 sq m
FIRST FLOOR (CURRENTLY LET)
SELF-CONTAINED THREE BEDROOMED FLAT
TENURE
Freehold.

PRICE
£250,000.

RATING ASSESSMENT
We are advised that the rating assessment is as follows:
Rateable Value: £10,250
Rates Payable 2019-2020: £5,033
Please contact the Local Authority for further information.

ENERGY PERFORMANCE CERTIFICATE
Copies of the certificates are available upon request.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction.

VAT
We understand that VAT is not payable on the price/rental, however, interested parties are advised to make their own enquiries.

VIEWINGS
Strictly by prior appointment with AMT Commercial on
01527 821 111


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