82 High Street, Brownhills, Walsall, WS8 6HG
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Prime location Brownhills, well-connected to Birmingham, Wolverhampton, and Walsall.
- Excellent transport links Easy access for residents and businesses alike.
- High visibility Prominent High Street (A452) position near Aldi, B&M, and Tesco.
- Fully let mixed-use property Includes a barber shop, residential flat, and 3 serviced offices.
- Strong rental income Generating £45,420 per annum across all units.
- Attractive investment yield Offers a 9.66% Net Initial Yield (NIY).
- GUIDE PRICE - £450,000
Description
Prime High Street Investment In Walsall
This commercial investment opportunity is situated on the busy High Street in Brownhills and includes a well-presented mixed-use property with strong rental income and diverse tenants.
The front of the property features a popular barber shop with a tenant in place, while a residential flat above provides additional rental income. To the rear of the building, there are three fully serviced office units, all currently let.
With a total annual rental income of £45,420, reflecting a Net Initial Yield (NIY) of 9.66%, this fully tenanted property presents an excellent opportunity for investors seeking a strong,
income generating asset in a well-established retail and residential area.
Further information on tenants and rental break down are available on request.
Location
Brownhills, situated within the Metropolitan Borough of Walsall, offers excellent connectivity just 11 miles north of Birmingham, 8 miles northeast of Wolverhampton, and 4 miles from Walsall. With strong transport links, it's an ideal location for both residents and businesses.
The property is prominently located on the A452 (High Street), featuring a substantial frontage in a high-traffic commercial area. Positioned near Aldi and key retailers like B&M and Tesco, it benefits from consistently high footfall.
VAT
We are advised that VAT is not applicable.
EPC
Available upon request.
Legal Costs
Both parties to bear the cost of their own legal and surveyor's fees incurred during the transaction.
Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.
82 High Street, Brownhills, Walsall, WS8 6HG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shenstone Station3.6 miles
- Bloxwich Station3.9 miles
- Landywood Station4.0 miles
Notes
Disclaimer - Property reference 290651. 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 Bond Wolfe, Commercial Sales. 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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