Overview: We are excited to present an exceptional
investment opportunity in the heart of Handsworth, Birmingham, UK. This
semi-commercial property offers a unique blend of versatile commercial space
and comfortable living quarters, making it an ideal choice for business owners
seeking a convenient location and investors looking for a valuable asset in a
thriving community.
Dimensions and Description:
GROUND FLOOR has internal frontage of 27’2” (8.2m) and
sale depth of 23’6” (7.19m). The property features a double fronted
aluminium-framed display window at the front, while the floors boast sturdy
construction and are adorned with interior lighting and equipped with air
conditioning. Additionally, the flat has its own separate entrance accessible
from Albion Road on the side.
SALES AREA
Sales Area: - 642 SQ. Ft (59.64 sqm)
The property is equipped with reliable security roller
shutter doors at the front. Inside, you'll find a display counter stocked with
sweets, a cigarette gantry, a Lottery Machine, two freezers, a dairy cabinet,
an upright fridge, a double-door freezer, and an upright fridge for cold
drinks. Additionally, there are two gondolas for displays and an ice cream
freezer.
INNER HALL:
utilized for storing items.
KITCHEN/ DINNING: - 228 SQ. FT (21.18 sqm)
Featuring a UPVC door leading to the rear staircase and
another door to the side, the property includes a well-fitted white kitchen
with plumbing for a washing machine. The kitchen also houses a Valliant central
heating boiler, a sink unit with a mixed tap, and a separate wash basin. There
is also a separate toilet with a door leading to the rear stair case.
Veranda:
Having roller shutter from the side road for loading
unloading, off Albion Road.
Living room: 158 SQ. FT (14.67 sqm)
Abundant natural light filters through large windows. Having
UPVC window and radiators
Storeroom: 158 SQ. Ft
(14.67 sqm)
Efficiently managed store room offering strategic inventory
storage and organization solutions. Expertly designed to maximize space
utilization, our store room ensures quick access and retrieval of items
ACCOMMODATION: -
ENTRANCE:
Having pantry
under staircase, Staircase leading to first floor accommodation.
LANDING: -70 SQ. FT (6.5 sqm)
Having UPVC double glazed window to side, Radiator, Laminate
flooring.
INNER HALL
Lounge: - 269 SQ. FT(24.99 sqm)
Having two double glazed windows to front and one double
glazed window to side, two radiators. Laminate Flooring.
BEDROOM ONE: 102 SQ. FT (9.47 sqm)
Having UPVC window to rear, Radiator.
BEDROOM TWO: 171 SQ. Ft (15.88 sqm)
Having UPVC window to rear, radiator.
BATHROOM: 69 SQ. FT (6.4 sqm)
Having Frosted Glass UPVC window to side, radiator, White
bath, low level W.C. Hand wash basin mixture tap over the bath, Tiled floor and
walls.
Property Features:
- Prime
Location: Situated in the vibrant neighbourhood of Handsworth, the
property enjoys excellent visibility and accessibility. It is
strategically positioned near major roadways, public transportation, and
local amenities, making it a desirable destination for both businesses and
residents.
- Flexible
Layout: The property boasts a well-designed layout, comprising a
spacious ground-floor commercial space and a separate residential unit on
the upper level. The commercial space offers ample room for a variety of
business ventures, including retail, office, or service-oriented
enterprises.
- Commercial
Space: The ground floor features an expansive area suitable for
setting up a storefront, office, or workshop. Large windows allow for
abundant natural light, creating an inviting ambiance for customers and
clients. The open layout provides flexibility for customization to suit
the needs of your business.
- Residential
Unit: The upper level of the property includes a comfortable and
well-appointed residential unit. With 2 bedrooms, 1 bathrooms, and a cozy
living area, it offers a tranquil retreat from the bustling commercial
activity below. Modern amenities and thoughtful design elements ensure a
comfortable living experience.
Investment Potential:
- Diversified
Income: The semi-commercial nature of the property opens the door to
diversified income streams. By leasing the commercial space to a tenant,
you can generate steady rental income while enjoying the benefits of
property ownership.
- Appreciation:
Handsworth has experienced steady growth and development, making this
property a potential opportunity for capital appreciation over time. The
strategic location and ongoing neighbourhood improvements contribute to
the property's long-term investment appeal.
Local Amenities: Handsworth offers a range of
amenities within close proximity, including schools, parks, shopping centres,
and dining options. Residents and business owners will appreciate the
convenience of having essential services and leisure activities within easy
reach.
Asking Price: £480,000
TENURE: We are advised by the vendor, freehold of the
property is available. Pam Estates Ltd has not checked and does not accept
responsibility for the freehold within this property and would suggest that any
in-going tenant or occupier satisfies themselves in this regard.
Please Note:
Rates and Rateable Value: Interested parties must satisfy
themselves with the up-to-date rating assessment via the Valuation Office and
in respect of actual Rates Liabilities and potential reliefs available, with
Birmingham City Council.
Services: (Not Checked or Tested) We are advised that the
mains water, electricity and drainage are connected and available. However
interested parties are advised to check the position with their advisors or
contractors.
Legal Costs: Each party will be responsible for their own
legal costs incurred.
Planning: Interested parties are advised to make their
own enquiries with the local planning in respect of their own proposed use of
the property.
For further information and viewings contact sole agents
Pam Estates Ltd.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers
will be asked to produce identification documentation at a later stage and we
would ask for your co-operation in order that there will be no delay in
agreeing the sale.
2. These particulars do not constitute part or all of an
offer or contract.
3. The measurements indicated are supplied for guidance
only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the
measurements before committing to any expense.
5. Pam Estates has not tested any apparatus, equipment,
fixtures, fittings or services and it is the buyers interests to check the
working condition of any appliances.
6. Pam Estates has not sought to verify the legal title of
the property and the buyers must obtain verification from their solicitor.