Description
Semi-commercial investment comprising a fully let ground-floor commercial unit with five self-contained residential flats above, producing a gross annual rental income of £78,600.

Details:
Type: Mixed-Use – 1 Commercial Units with 5 Self-Contained Flats Above
Income: £78,600 per annum
Location: Cape Hill, Smethwick, B66

Tenancy Information
Commercial Tenancy - £30,000 p/a

The five self contained flats are individually let under ASTs, generating £48.600 annually.

Dimensions
Cape Hill Company Limited - 403 Square Meters

Flat 1 - 40 Square Meters
Flat 1A - 37 Square Meters
Flat 1B - 48 Square Meters
Flat 1C - 37 Square Meters
Flat 1D - 46 Square Meters

Tenure
This property is believed to be a freehold.

VAT
It is believed that VAT is not payable.

Services
None of the appliances and/or services have been tested and we advise any incoming buyer(s) to conduct their own assessments or tests.

Legal Costs
Each party is liable for their own legal and conveyancing costs.

EPC
See attachments

Buyer Fees
A fee of 1% plus VAT is payable by the buyer upon the acceptance of an offer.
Further, any potential buyer will also be required to pay a 5% non-refundable deposit upon the issue of heads of terms.

Anti-Money Laundering
To comply with the Anti Money Laundering Regulations 2017, all clients and parties will be asked to verify their identify and address. For limited companies, this applies to all directors and shareholders that hold more than 25% ownership.

Disclaimer
Although we have made every effort to ensure the information in this brochure is accurate, we encourage all interested parties to verify the details, including the description and floorplan, through inspection or other means. Any fixtures and fittings mentioned should be considered excluded from the sale unless explicitly stated. We have not tested any appliances or services and cannot guarantee their functionality.