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COMMERCIAL

Coombs Road, Halesowen, B62

Offers Over
£220,000
Oakmans Estate Agents, Harborne
PROPERTY TYPE

Commercial Property

BEDROOMS

2

BATHROOMS

1

SIZE

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Key features

  • COMMERCIAL AND RESIDENTIAL SPLIT PROPERTY
  • GOOD LOCATION
  • LONG TERM TENANTS
  • POTENTIAL FOR 6.5% RETURN
  • CALL OAKMANS TODAY

Description

** INVESTMENT OPPORTUNITY ** CURRENTLY LET TO LONG TERM TENANTS ** DUE FOR RENT REVIEW **

Oakmans offer a fantastic investment opportunity consisting of a shop on the ground floor currently used as a pharmacy and a two bedroom flat on the first floor, both of which are being let to long term tenants.

Both tenancies are up for renewal in Q3 2025 and the potential rents suggested as follows:

Commercial unit: £800pcm
Residential flat above: £675
Combined annual income: £17,700

Commercial shop briefly comprises shop floor, office room, WC, behind counter shop floor and stairs down to Storage room/ basement.

Flat above briefly comprises hallway, lounge, breakfast kitchen, two double bedrooms, family bathroom and separate shower room with multiple storage rooms/ cupboards.

To the rear there is a good sized lawn and patioed garden.

Property type: Semi-Detached multi-use property
Tenure: Freehold
Council Tax Band: A
EPC Rating: C
Construction Type: Standard construction
Parking Arrangements: On street parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
Accessibility Adaptations: No

Call Oakmans today!

Scan the QR code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative.

Anti-money Laundering Checks (AML)

Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system and is non-refundable.

Coombs Road, Halesowen, B62

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Hill Station0.4 miles
  • Rowley Regis Station1.0 miles
  • Cradley Heath Station1.8 miles
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About Oakmans Estate Agents, Harborne

99 High Street High Street, Harborne, Birmingham, B17 9NR
Industry affiliations:

Oakmans Estate Agents, a well established Sales and Lettings Agency operating across the West Midlands. Our Harborne Branch provides comprehensive property solutions to clients in Harborne and beyond. We continuously expand our list of available properties as our expert agents take on new properties every day. Our team comprises experienced sales people, efficiently listing, selling and renting properties all over Birmingham. At Oakmans, we understand that moving can be a busy and exciting experience, and that's why we're dedicated to finding the right buyers and tenants their perfect homes, as well as helping homeowners get the best prices for their property. Whether you're buying or selling, renting or letting, we guarantee a hassle-free and worthwhile experience with the help of our committed team. Our marketing experts create professional and high-quality photography and videography on each of our properties allowing buyers to envisage themselves there before calling up to book a viewing with one of our helpful agents. With a team of over 60 employees spread across our 4 branches, we are always on hand to help with your property queries and give information on the local property market. At Oakmans Estate Agents, we pride ourselves on our personalised approach to each client, ensuring we meet their individual needs and preferences. We also offer a range of additional services, including property management, conveyancing referrals and mortgage advice, making us a one-stop-shop for all your property needs. Trust us to take the stress out of buying, selling or renting your property and give us a call or visit our Harborne branch today.

Notes

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Disclaimer - Property reference 01KNRBFQHD4QJYNBQ26V5WE7FE. 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 Oakmans Estate Agents, Harborne. 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.