Back to Bond Wolfe Auctions

Investment property with retail shop

Tyseley, B11 - Get Access

Description

A long leasehold retail commercial premises offering a current gross income of £15,000 per annum. The property comprises a double fronted retail shop, standing back from the road behind a forecourt. Ground floor accommodation extends to approximately 100.40 sq.m. (1,081 sq.ft.) or thereabouts. Energy performance rating: B. Tenure is long leasehold, subject to the existing tenancy. The property is let on a 6-year lease from 1st January 2019 (holding over), at a rental figure of £15,000 per annum. External viewings only; no internal viewings will be arranged.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,081 sq ft (Listing)

This commercial retail premises on Warwick Road was evaluated by examining local high street transactions and current investment yield metrics. Floor area is derived from the official listing specification of 1,081 sq ft. Condition has been factored in based on visible exterior elements requiring a light shopfront refresh.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report