Freehold Shop & 1-Bed Flat - OIRO £300,000 - Motivated Seller
MECS Commercial are pleased to offer for sale this well-located freehold mixed-use property, comprising a ground floor retail premises together with a self-contained one-bedroom flat above.
The property occupies a prominent position on Watford Road within the established Cotteridge shopping centre and benefits from strong pedestrian and vehicular passing trade. The vendor is motivated to secure a sale and reasonable offers will be
considered.
The property comprises a two-storey mid-terraced commercial and residential building of traditional brick construction beneath a pitched tiled roof. The ground floor provides a prominent retail unit with glazed frontage onto Watford Road together with useful ancillary accommodation to the rear.
The ground floor commercial accommodation extends to approximately 977 sq ft (91 sq m) intotal.
At first floor level is a self-contained one-bedroom residential flat with independent access from the rear of the property. The accommodation comprises a lounge, kitchen, bedroom and shower room/WC.
The combination of commercial and residential accommodation provides an attractive opportunity for an investor seeking diversified rental income or an owner occupier looking to trade from the ground floor while retaining or letting the residential
accommodation above.
Accommodation
Ground Floor Commercial: Approximately 977 sq ft (91 sq m) in total.
Flat 22A – A one-bedroom flat estimated to extend to approximately 450 sq ft (41.8 sq m) overall.
Accommodation comprises:
Kitchen:
4.02m x 2.77m, with a range of fitted units.
Lounge:
4.58m x 3.72m.
Inner hallway.
Bedroom:
3.36m x 2.58m.
Shower room with glazed shower enclosure, wash basin and WC.
Please note: The overall floor area is approximate and has been calculated from the room dimensions supplied. It is provided as a guide only and prospective purchasers should satisfy themselves.
Location
The property occupies a prominent position fronting Watford Road in the heart of Cotteridge, an established and busy
suburban shopping centre approximately five miles south of Birmingham city centre. The immediate area comprises a mixture of national and independent retailers, cafes, restaurants and professional services, with a substantial surrounding residential population. Kings Norton railway station is approximately 300 metres from the property and provides regular services into Birmingham city centre and the wider rail network. The property also benefits from good road connections to Pershore Road, the A441 and the wider Birmingham road network.
Tenure
The property is available Freehold.
Price
Offers in the Region of £300,000. The vendor is keen to secure a sale and reasonable offers are invited.
Business Rates
Interested parties are advised to make their own enquiries with Birmingham City Council regarding the Rateable Value,
rates payable and availability of any relief.
EPC
Further information available from the agent.
VAT
All prices quoted are exclusive of VAT where applicable.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Viewings Strictly by prior appointment through MECS Commercial.
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