Oldbury Road, Rowley Regis, West Midlands

An opportunity to acquire shop premises with self-contained living accommodation above and occupying a prominent corner position within Blackheath Town Centre. The retail shop has a main frontage and return frontage facing Oldbury Road and also Birmingham Road. It has the benefit of electric roller shutters. There is potential to revise the internal layout and combine the stockroom with the first floor flat, subject to planning permission, to possibly provide an additional flat. The property requires refurbishment. EPC = Shop "C", Flat "D". Council Tax Band for Flat: Band A. NOTE: THE BUILDING IS VAT REGISTERED AND THE COMMERCIAL PART OF THE BUILDING IS SUBJECT TO PAYMENT OF VAT IN ADDITION TO THE PRICE.

THE ACCOMMODATION ON THE GROUND FLOOR COMPRISES:

RETAIL SALES AREA:
Irregular 'L' Shape
Maximum shop frontage: 13.14m approximately
Return frontage: 7.50m approximately
Maximum depth of retail area: 10.65m approximately
Minimum depth of retail area: 5.01m approximately

Double door to yard.

CHANGING ROOM: 1.54m x 0.91m

STORE ROOM: 4.08m average x 4.24m average
plus: KITCHENETTE (opening off store room): 2.17m max. x 1.31m max.
Leading to:

WASHROOM (opening off store room):
With w.c. and wash hand basin.

Internal staircase providing access to:

STOCK ROOM (First Floor): 6.07m average x 3.50m average

FIRST FLOOR

The first floor self-contained accommodation is approached from the yard area.

Ground Floor Entrance Lobby with stairs to first floor leading into:

KITCHEN/LIVING ROOM: 3.81m average x 6.77m average
With doorway to roof terraced area (with an external staircase to ground floor level). (The kitchen area requires to be fitted out)

'L' SHAPED INNER HALL:
Leading to:

BEDROOM (SIDE): 3.63m x 3.38m

BEDROOM (REAR): 3.59m x 3.20m

BEDROOM (FRONT): 2.66m min. (3.53m max.) x 5.24m

BATHROOM: 3.74m x 0.86m min. (2.25m max.)
With bath, w.c. and wash hand basin.

OUTSIDE:
The small yard is found at the rear of the premises with an open staircase to the first floor accommodation and a separate staircase leading down to the basement.

TENURE:
We are verbally advised the property is freehold and is available with vacant possession. There is a right of way with or without vehicles over the driveway of the adjacent premises subject to a shared maintenance liability. (See plan included in details)

The Agent has not checked the legal documents to verify the freehold status of the property. The buyer is advised to obtain verification from their Solicitor or Surveyor.

FIXTURES AND FITTINGS:
All items found in the property will be included in the sale. It will be the purchasers responsibility to remove the items found in the property that are unwanted.

RATING ASSESSMENT (GROUND FLOOR SHOP) :
Rateable Value (from 1st April 2023): £17,000
Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.

COUNCIL TAX BAND (FIRST FLOOR ACCOMMODATION):
Band A
Where provided the Agent has made a verbal enquiry with the Local Authority and this information should be verified by interested parties making their own enquiries.

VAT:
We are advised that the property is registered for VAT purposes. As the building is being used for both commercial and residential purposes VAT therefore will be charged on the commercial part of the building. Thus, purchasers must bear in mind that any offer they make will be subject to 20% VAT on the commercial part of the premises. We understand there are two separate titles, one for the commercial part and one for the residential part.

SERVICES AND APPLIANCES:
Mains electricity, water and drainage are connected.

There is a gas boiler and radiator serving the first floor living accommodation. However, pipework has been disconnected and the gas supply appears to be capped. Purchasers are to make their own enquiries in this respect.

There are electric night storage heaters to the ground floor accommodation and first floor stock room off. These items have not been tested and the purchaser must assume that they are not in working order.

The Agents have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify they are in working order or fit for their purpose. The buyer is advised to obtain verification from their Solicitor or Surveyor.


VIEWING:
Strictly by prior appointment via Agents.

ANTI-MONEY LAUNDERING REGULATIONS:
In order to comply with Anti-Money Laundering Regulations, all prospective purchasers are required to provide the following:

1. Satisfactory photographic identification.
2. Proof of address/residency.
3. Verification of the source of purchase funds including bank statements for deposits in order to purchase and copy of mortgage agreement in principle from the appropriate lender. In the absence of being able to provide appropriate physical copies of the above, Scriven & Co. reserves the right to obtain electronic verification of identity.