Description

The property comprises of a mixed-use investment premises set along Bearwood Road.

The building comprises of a ground floor takeaway premises which provides predominantly open plan retail space with rear ancillary and kitchen areas. The premises is let for a term expiring in 2034 at a current passing rental of £10,000 per annum.

Accessed to the rear of the property via a steel staircase and walkway there are two residential units which are let on assured shorthold tenancy agreements generating an additional £15,200 per annum.

Externally there is a blockwork garage / storage building, which is vacant.

Location

The property is located in a prominent roadside position, to the northern end of Bearwood Road (A4030), close to its junction with Waterloo Road in the Bearwood area of Sandwell.

The immediate area is a mixed residential and commercial location with the Bearwood Road well served by a mix of national and local retailers.