Investment Premises In Walsall | | Walsall West Midlands | | Investment Premises Walsall, West Midlands T/O: £9360 Scope to increase turnover Tennant in place 3-bedroom accommodation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62125
ADVERT IMPRESSIONS : 9,500 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Agent Sale | FREEHOLD: | £199,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This 2-storey investment property is ideally located in the town of Walsall, West Midlands. The premises benefit from ample on-street parking and are surrounded by a variety of complementary shops and businesses. There are a number of bus routes serving the area and the railway station is within easy walking distance. The business boasts easy access to the A-road network and the M6 motorway is approximately 1.5 mile away. Walsall is a large industrial town situated 6 miles from Wolverhampton and 8 miles to the north of Birmingham.
Business History
Preferred Commercial is delighted to offer for sale these investment premises, which have been in our client's careful hands since 2008. The property is only now offered to the market due to our client's other business interests. The premises are split into large takeaway on the ground floor and self-contained 3-bedroom accommodation above, with lounge and bathroom. The property is currently let for £180 per week and operates as a Chinese takeaway. The new owner could, if desired, convert the property into 4 x 2-bedroom flats to generate a higher income. This is an ideal opportunity to acquire investment premises which already have a tenant and huge scope for future development.
Financial Details
T/O: £9,360 per annum.
GP: 100%
Accommodation Details
Substantial semi-detached takeaway premises with 3-bedroom accommodation. Briefly comprising:
Ground Floor
• Shop area with serving counter and waiting area
• Commercial kitchen fitted to suit the trade
• Large store room to rear
• WC with wash hand basin
• Large currently unused lounge
First Floor
3 x double bedrooms
Lounge/4th bedroom
Bathroom with bath, WC and wash hand basin
External
• Garden to rear
• Driveway to side
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2406 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
