Popes Lane, Oldbury, West Midlands, B69
- PROPERTY TYPE
Commercial Property
- SIZE
28,793 sq ft
2,675 sq m
Key features
- Fully let property with long-term leases.
- Excellent rental yield of circa 9%.
- Flexible internal layouts to attract diverse business tenants.
- Robust amenities ensuring tenant satisfaction and operational efficiency.
- Strategic location with parking facilities.
Description
Bradfield House offers an outstanding investment opportunity with a rental yield of approximately 9%, generating an annual income of around £134,000. Currently, the property is fully let, ensuring immediate income and long-term security for investors. With most leases having 6-7 years remaining, and some extending even longer, this property provides a stable and predictable revenue stream with potential for rent increases as lease agreements permit.
Prime Commercial Building
This impressive 5-storey building is designed to cater to modern business needs. Each floor features flexible layouts that can be easily reconfigured to suit a variety of operational requirements, making it attractive to a broad spectrum of tenants. Key amenities include:
- Lifts providing seamless access to all floors.
- Comprehensive CCTV coverage for enhanced security.
- Pin access systems allowing 24/7 operational capabilities.
Additionally, the property includes dedicated parking spaces at the front, complemented by an additional car park conveniently located across the road-a valuable asset for tenants and their customers.
Auctioneer's Note
The client is open to pre-auction offers under auction conditions. For more information or to discuss your interest, please contact Rocket on .
Auction Details
Bradfield House will be sold via traditional online auction on Wednesday 22nd January 2025 at 4pm.
Auction Buyer's Fee: A fee of 3.6% (including VAT), subject to a minimum fee of £6,000 (including VAT), is payable in addition to the purchase price.
Investor Highlights:
- Fully let property with long-term leases.
- Excellent rental yield of circa 9%.
- Flexible internal layouts to attract diverse business tenants.
- Robust amenities ensuring tenant satisfaction and operational efficiency.
- Strategic location with parking facilities.
Don't miss this exceptional investment opportunity. Contact us today to learn more or to arrange a pre-auction discussion.
Energy Performance Certificates
EPC 1Popes Lane, Oldbury, West Midlands, B69
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Langley Green Station0.3 miles
- Sandwell & Dudley Station0.7 miles
- Trinity Way Tram Stop1.2 miles
Notes
Disclaimer - Property reference b8e9a920-f1fa-468a-a7d9-60fdf5a2e441. 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 Sail Homes, Redcliffe. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Sail Homes, Redcliffe on 0117 463 2100.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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