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UNDER OFFER

**INVESTMENT OPPORTUNITY** 241 High Street, Erdington, Birmingham, B23

Offers in Region of
£545,000

£457.98 per sq ft

Business rates & charges may apply

Towler Shaw Roberts, Wolverhampton
SIZE AVAILABLE

1,190 sq ft

111 sq m

SECTOR

Mixed use property for sale

Key features

  • Prominent commercial investment
  • Situated within Erdington Town Centre
  • Net Internal Retail Floor Area: 1,190 sqft (110.6 sqm)
  • Public car parking nearby
  • Comprises of 1 ground floor commercial premises
  • Upper floors comprise 6 residential dwellings
  • Currently generating an income of £53,280 per annum
  • Investment sale seeking offers in the region of £545,000.

Description

The property comprises of a ground floor commercial unit with ancillary/staff stores and WC facilities, and the upper floors comprise of 6 residential dwellings. The premises is fully let and producing an annual income of £53,280.00.

The investment property is situated on High Street, which is a popular and primary street located in the town centre of Erdington, Birmingham.

The property is well presented and are surrounded by a mix of commercial establishments including restaurants, shops, cafés and other various services.

The street is well connected and easily accessible, by foot and by road, and is located near other key roads such as the A5127 which links directly to Junction 6 of the M6 Motorway.

Brochures

**INVESTMENT OPPORTUNITY** 241 High Street, Erdington, Birmingham, B23

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Erdington Station0.4 miles
  • Gravelly Hill Station0.7 miles
  • Chester Road Station0.9 miles

About Towler Shaw Roberts, Wolverhampton

4 Tettenhall Road, Wolverhampton, WV1 4SA

Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.

As a progressive and proactive firm, we offer a holistic range of services that encompass the breadth of our clients' needs and include Asset Management, Agency, Landlord and Tenant, Investment, Valuation and Professional Services, Rating and Compensation Advice, Dilapidations and Property Management.

With Clients ranging from private individuals to national Corporates, TSR offer each client the same level of service with clear, professional and consistent advice on all property matters.

Notes

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Disclaimer - Property reference 241HighStreet. 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 Towler Shaw Roberts, Wolverhampton. 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.

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