8 Pinfold Street, Wednesbury, West Midlands, WS10 8SY
- PROPERTY TYPE
Commercial Property
- BEDROOMS
5
- BATHROOMS
5
- SIZE
Ask agent
Description
Property for auction on 15th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
A prominently located mixed-use part vacant part investment property comprising of a barbers shop to the ground floor, along with five self-contained flats to the rear and first floors. The property is situated fronting Pinfold Street and forming part of the busy Shopping Centre in Darlaston, benefiting from a high volume of pedestrian and vehicular passing trade.
The property is mid-terraced and of two-story traditional brick construction, surmounted by a pitched, tile-clad roof, each part is separately metered for electric with the Flat accommodation benefiting from UPVC double glazed windows, and gas-fired central heating. The Ground floor retail shop is let on a lease and three of the five flats are currently let on periodic tenancy agreements, a schedule of rents are detailed below.
Tenancy Information
Barbers Shop: £450 pcm (£5,400 pa).
Flat 1: £560 pcm (£6,720 pa).
Flat 2: £600 pcm (£7,200 pa).
Flat 3: £564 pcm (£6,768 pa).
Flat 4: Vacant
Flat 5: Vacant
Total Current Rental Income: £2,174 pcm (£26,088 pa).
Accommodation:
Ground Floor
Barbers Shop: (6.57 x 2.83m)
Side Communal Entrance with Reception Hall,
Flat 3: Lounge/Bedroom (4.18m x 3.86m), Kitchen: (3.31m x 3.88m), Shower Room having shower cubicle, wash basin and WC: (0.99 x 2.16m)
Flat 4: Accessed via rear yard, Lounge/Kitchen (6.38m x 3.98m), Shower Room having shower cubicle, wash basin and WC: (1.24m x 2.59m)
First Floor
Flat 2: Kitchen (3.89m x 3.43m), Lounge (3.85m x 2.87m), Bedroom (2.34m x 3.85m), Shower Room having shower cubicle, wash basin and WC: (1.99m x 1.40m)
Flat 3: Lounge/Bedroom (4.15m x 4.14m), Kitchen, with Shower Room off having shower cubicle, wash basin and separate WC: (3.57m x 3.96m)
Flat 5: Accessed via rear yard and external staircase, Lounge/Kitchen (6.38m x 3.98m), Shower Room having shower cubicle, wash basin and WC: (1.24m x 2.59m)
Outside:
Front: Access to Retail shop and separate side access to rear flats
Rear: Yard Area and access to Flats 4 and 5.
Council Tax Bands:
Flats 1-5 - A
EPC
Retail Shop: B
Flat 1, 2, 5: D
Flat 3,4 - C
Legal Documents
Available at
Viewings
Via Cottons
Brochures
General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionOffer FormLegal Documents8 Pinfold Street, Wednesbury, West Midlands, WS10 8SY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bradley Lane Tram Stop1.2 miles
- Wednesbury Parkway Tram Stop1.2 miles
- Loxdale Tram Stop1.4 miles
Notes
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*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.”