576 Bearwood Road, Smethwick
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Let to a Private Individual (t/a Barbers)
- Lease Expires 26.05.2026
- Asset Management Potential Via Renewal
- Nearby Units Paying £15,000 per annum
- Established High Footfall Location
- Investment Let at £11,000 p.a. (12.22% GIY on Guide Price)
Description
Arranged as a ground floor retail unit, the property is let to a private individual on a five year lease expiring 26.05.2026 and paying £11,000 per annum.
The property offers evident asset management potential via renewal of the lease and improvement of rents, with nearby units paying £15,000 per annum.
The property occupies a prominent pitch fronting the high footfall Bearwood Road. The street comprises the principal retail amenity for the area and is characterised by a mix of local and national retailers including Costa, Iceland and Aldi.
Brochures
576 Bearwood Road, Smethwick
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Smethwick Galton Bridge Tram Stop1.4 miles
- Smethwick Rolfe Street Station1.6 miles
- University Station2.1 miles
Notes
Disclaimer - Property reference F049C052-B4EB-40E9-A305-0B15633574BC. 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 Savills, Savills, Auctions. 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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