Coombs Road, Halesowen, B62

Property Details: • Type: Not Specified • Tenure: FREEHOLD • Floor Area: N/A

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

Location: • Nearest Station: Old Hill Station • Distance to Station: 0.4931869490632073 miles

Agent Information: • Address: 99 High Street High Street, Harborne, Birmingham, B17 9NR

Full Description: ** INVESTMENT OPPORTUNITY ** CURRENTLY LET TO LONG TERM TENANTS ** DUE FOR RENT REVIEW **<br /><br />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.<br /><br />Commercial unit: 10 year lease agreement - to expire 31/08/2035<br />Residential unit: Fixed AST to expire 26/09/2025 (Long term tenants)<br /><br />Commercial shop briefly comprises shop floor, office room, WC, behind counter shop floor and stairs down to Storage room/ basement.<br /><br />Flat above briefly comprises hallway, lounge, breakfast kitchen, two double bedrooms, family bathroom and separate shower room with multiple storage rooms/ cupboards.<br /><br />To the rear there is a good sized lawn and patioed garden.<br /><br />Property type: Semi-Detached multi-use property<br />Tenure: Freehold<br />Council Tax Band: A<br />EPC Rating: G<br />Construction Type: Standard construction<br />Parking Arrangements: On street parking <br />Broadband: Fibre (FTTP)<br />Mobile Signal Coverage: No known issues <br />Water Supply: Mains<br />Sewerage: Mains<br />Electric: Mains<br />Heating Supply: Gas<br />Building Safety Issues: No<br />Special Conditions: None<br />Flood Risk or Previous Flooding: No<br />Mine Shafts/Coal Fields/Erosion: No<br />Restrictions: No<br />Rights and Easements: No <br />Planning Permissions: No <br />Local Developments: No<br />Accessibility Adaptations: No<br /><br />Call Oakmans today!<br /><br />Anti-money Laundering Checks (AML)<br />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.<br /><br />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, Kotini, and is non-refundable.<br /><br /><br />