High Street, Erdington, Birmingham

SUMMARY
READY-MADE HIGH-YIELD FREEHOLD ON ERDINGTON HIGH STREET. COMMERCIAL UNIT LET ON A FIVE-YEAR LEASE PLUS TWO SELF-CONTAINED ONE-BED FLATS ABOVE. APPROXIMATE ANNUAL RENTAL INCOME £38,600. STRONG FOOTFALL LOCATION, EXCELLENT TRANSPORT LINKS, AND CONSISTENT TENANT DEMAND. IDEAL HANDS-OFF MIXED-USE INVEST


DESCRIPTION
Positioned directly on Erdington High Street, this semi-commercial freehold offers a stable, high-yielding investment with multiple income streams and strong future upside. The building is arranged with a ground-floor retail unit currently occupied under a five-year lease, and two self-contained one-bedroom flats above, each accessed independently.

The retail space benefits from the consistent footfall of Erdington's main commercial street. A stretch that blends national retailers, long-standing independents, major bus routes, and the local high streets in the North Birmingham area. Tenant demand remains high here because the High Street acts as the primary service hub for surrounding roads such as Chester Road, Gravelly Lane and Sutton New Road,

Both residential units above the shop are already income-producing and offer flexible long-term potential. They can remain as buy-to-let assets, be upgraded for stronger rental premiums, or be repositioned later depending on planning appetite in the area. Their separation from the commercial element ensures clean tenancy management and clear accounting for any investor.

With a combined annual rental income of approximately £38,600, the property delivers an attractive yield profile for a hands-off investor seeking a ready-made mixed-use asset in an established high-street location.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Shop 40' 8" x 14' 5" ( 12.40m x 4.39m )

Rear Area 14' 6" x 11' 2" ( 4.42m x 3.40m )

Store 

Storage 18' 1" x 10' 2" ( 5.51m x 3.10m )

Lounge/Diner 16' 9" x 14' 6" ( 5.11m x 4.42m )

Bedroom 12' 10" x 10' 11" ( 3.91m x 3.33m )



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.