Commercial Property for saleVicarage Road, Halesowen
Sold STC £100,000
An opportunity to acquire an investment property with the ground floor currently utillised by the tenant as a cafe. The first floor residential accommodation is separately let on an Assured Shorthold basis. Situated on a prominent corner position with Vicarage Road and New John Street.
Inner hall, cafe, store room, kitchen, first floor flat approached via an external staircase leading to reception hall, kitchen, bedroom, bathroom and lounge. Outside store/garage, off-road parking facility.
ROUTE TO THE PROPERTY: From Agents offices Hagley Road West travelling in the direction of Halesowen continue into Halesowen Road. At the traffic island adjacent to the Stag and Three Horseshoes take the third exit and proceed into Long Lane. Continue along until reaching traffic island at Shell Corner and bear left into Malt Mill Lane. Take a turning on the right hand side into New John Street where the property is found on the corner position with Vicarage Road.
CAFE: 3.62m x 6.71m (11' 10" x 22')
With double glazed bay window, side door and double glazed windows.
SITTING ROOM (FRONT): 4.73m into bay x 3.93m (15' 6" into bay x 12' 10")
With bay window. (Note: This room has been partitioned). Door to outside.
INNER HALL: 1.76m x 1.89m (5' 9" x 6' 2")
With store opening off.
STORE: 1.83m x 2.15m (6' x 7')
KITCHEN: 3.61m x 3.27m (11' 10" x 10' 8")
(Currently fitted out by tenant).
The accommodation on the first floor is approached via an external staircase and comprises:-
With UPVC framed front door, panel radiator.
KITCHEN: 3.72m into recess x 3.62m (12' 2" into recess x 11' 10")
Fitted out with range of units comprising base units with cupboards beneath, base units with drawers beneath, range of wall cupboards, electric cooker, bowl and a half single drainer sink, wall mounted gas boiler, plumbing for automatic washing machine, double glazed window, panel radiator. Store opening off.
STORE: 1.77m x 1.57m (5' 9" x 5' 1")
LOUNGE (FRONT): 3.93m x 4.28m ( 12' 10" x 14')
Double glazed window, panel radiator.
BEDROOM: 3.91m into recess x 4.26m (12' 9" into recess x 14')
Double glazed window, panel radiator.
BATHROOM: 1.99m x 1.80m (6' 6" x 5' 10")
With pedestal wash hand basin, panel bath, w.c., double glazed window, radiator.
OFF-ROAD PARKING FACILITY: Via New John Street.
EXTERNAL W.C: With wash hand basin and water heater.
SIDE STORE: 2.62m x 3.44m (8' 7" x 11' 3" ) and 2.46m x 2.00m (8' x 6' 6")
GARAGE: 6.93m x 4.74m (22' 8" x 15' 6")
Fronting New John Street and accessed via a gated entrance. (Parking space available in front of garage behind metal gate).
Mains electricity is provided to the cafe, first floor flat and garage. A gas supply is provided only to the first floor flat. The gas boiler heats water filled panel radiators in the first floor flat only.
The Agent has not tested any apparatus, equipment, fixtures, fittings or services and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect.
Rateable Value (2017 List): £3,000 (Cafe and Premises)
Council Tax Band: Band A
Where provided the Agent has made an online enquiry with the Valuation Office website and this information should be verified by interested parties making their own enquires.
We are verbally advised the property is held freehold. The first floor accommodation is let to a tenant on an Assured Shorthold Basis at a rent of £350.00 per calendar month. The cafe (including outside store/garage) is currently let on a lease for a 5 year term from December 2016 at a rent of £5,400 per annum.
The Agent has not checked the legal documentation to verify legal status of the property or validity of any guarantee. A buyer must assume the information is incorrect, until it has been verified by their own solicitors.
FIXTURES AND FITTINGS
All items unless mentioned in these details are excluded from the proposed sale. However, certain items may be taken at valuation to be agreed.
All figures quoted are exclusive of VAT if applicable.
Through Agents Scriven & Co. Commercial on 0121 422 4011.
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Energy Performance Certificates (EPCs)
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