82 High Street, Brownhills, Walsall, WS8 6HG
Guide Price
£375,000Knowing the purchase price means you can work out the total cost of buying the property.Read more about property price in our glossary page.
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- PROPERTY TYPE
Commercial Property
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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 £42,480 per annum across all units.
- Attractive investment yield Offers a 10.89% Net Initial Yield (NIY).
- GUIDE PRICE - £375,000
Description
For Sale by private treaty.
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 £42,480, reflecting a Net Initial Yield (NIY) of 10.89%, 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.
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 £42,480, reflecting a Net Initial Yield (NIY) of 10.89%, 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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Affordability
Monthly repayments£1,881
Property: £ 375,000
Deposit: £ 37,500
Interest rate: 5.33%
Term: 30 years
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