1 bedroom retail property (out of town) for sale

Caldmore Green, Walsall, West Midlands, WS1

£220,000
706 sq. ft.

Property Description

Commercial information

  • 706 sq ft (65 sq m)
  • Use class orders: A1 Shops

Key features

  • Investment For Sale
  • One Bedroom Flat Over

Full description

LOCATION: The property is situated on the corner of Caldmore Green and West Bromwich Street prominently located in the centre of Caldmore. Walsall town centre is approximately half a mile to the north. DESCRIPTION: The properties comprise an end-terraced and a mid terraced property both of traditional brick construction with pitched tiled roofs to two storey height. To the rear (access via West Bromwich Street) is a small gated yard.
ACCOMMODATION: No. 19: On The Ground Floor: Retail Shop with glazed display window and entrance door, Store and w.c. Total Ground Floor Net Internal Floor Area: Approximately 405 sq.ft. (37.63m). On The First Floor: (self contained access through rear yard) Living Room, Bedroom, Kitchen and Bathroom. No. 20: On The Ground Floor: Retail Shop with glazed display window and entrance door, Kitchen, Store and Toilet. Total Ground Floor Net Internal Floor Area: Approximately 706 sq.ft. (65.59m). On The First Floor: (self contained access through rear yard) Living Room, Kitchen, Shower Room, Bedroom. Further Bedroom in the Attic.
NB: The dividing wall between the two retail shops has been partly removed and the property is occupied by one retailer. The shops of 19 and 20, Caldmore Green are occupied by way of separate leases and therefore can be sold separately. There is a shared store to the rear in the region of 370 sq.ft. (34.37m).
Outside: Gated rear yard with access from West Bromwich Street.

SERVICES: All mains services are understood to be connected or available to the property. We understand both flats have their own gas fired central heating system with hot water radiators. No tests have been applied to any of the services or appliances.

RATING DATA: (information obtained from the Valuation Office Agency Web Site):

19 and 20, Caldmore Green have a combined Rateable Value of 11,250.
Description: Shop & Premises
Both flats have a Council Tax Band of A.

TENANCIES: No. 19: The ground floor is let by way of a five year lease from 1st July, 2015, at a rent of 6,600 per annum. We understand that the flat is let by way of an Assured Shorthold Tenancy at a rent of 375 per calendar month (4500 per annum). No. 20: We understand that the ground floor is let by way of a five year lease from 1st February, 2017, at a rent of 9,000 per annum. The rent will increase to 9,600 from 1st February, 2020. We understand that the first floor flat is let by way of an Assured Shorthold Tenancy at a rent of 400 per calendar month (4,800 per annum). Further lease information will be available upon request. Total rental income 24,900 per annum.

TERMS: Believed Freehold. We have not had sight of any documentation to verify this.

ENERGY PERFORMANCE CERTIFICATES: The ground floor of the property has a rating of . and the flats have ratings of ... Copies of the EPC's will be available for inspection at the agent's offices or on their web site.

VIEWINGS: Contact Fraser Wood Commercial on 01922 629000.
Please note that all parties viewing the property do so at their own risk and neither the vendor nor the agent accept any responsibility or liability as a result of any such viewings.


Nearest stations

  • Walsall (0.5 mi)
  • Bescot Stadium (1.1 mi)
  • Tame Bridge Parkway (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fraser Wood Commercial, Walsall

16 Lichfield Street, Walsall, WS1 1TS

01922 321058 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Walsall (0.5 mi)
  • Bescot Stadium (1.1 mi)
  • Tame Bridge Parkway (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fraser Wood Commercial, Walsall

16 Lichfield Street, Walsall, WS1 1TS

01922 321058 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 20caldmoregreen. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fraser Wood Commercial, Walsall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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