Scroll To Top
This advert is currently inactive.

Freehold Investment Property With Large Family Home & HMO Potential

Tamworth, Staffordshire
Freehold Price:
Find more details, or book a viewing:
Advert ID
2000 / Rightbiz


Investment Property in Polesworth For Sale
Ref 1098


This delightful property is located in the desirable village of Polesworth, Tamworth in Staffordshire. Its very easily accessed and is in close proximity to the M42 motorway.

Business information

Asking Price: £999,950 plus SAV
Commercial Income: £33,500 per annum
House income if rented: £19,200 or HMO conversion income £54,000

Business Description

Veritas Business sales are delighted to offer for sale this respected Investment Property which is located in the village of Polesworth. The property has been in the careful hands of the current owner for the last 30 years but has been in his family since 1962. Since ownership there has been significant investment to bring the property up to the standard that you see before you today which means that any new purchaser will not need to spend any additional funds for some time and just sit back and let the rents come in. Reluctantly the site is now being offered for sale so that they can enjoy a well deserved retirement. The Off-License is leased on a 15 year term with 12 years remaining and the rental income is £27,750 pa and Corals Betting Office is rented out for £5,750pa. The 6 bedroom house is where my client resides and would rent out easily for £1600 pcm but would easily lend itself for conversion to a HMO where you could possibly have 9 rental rooms @ £500 pcm to yield £54,000 if fully let. This is a superb opportunity to purchase an established Property Portfolio which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.
Ground floor commercial
Off-licence comprising:
Retail shop
Office/store room
Kitchenette with sink drainer and tea & coffee area
W/C and wash basin
W/C and wash basin
Office/store room
Corals betting office comprising:
Front customer betting office
Rear admin office
Customer W/C and wash basin
Front off road parking for (5)
Side bin area
Ground floor
Snooker room
W/C and wash basin
Lounge/diner with gas fire and Inglenook fire place
Kitchen with breakfast bar
Laundry room
First floor
Master bedroom
Dressing room or single bedroom
Bathroom with bath, w/c and wash basin
Double bedroom with fitted wardrobes
Double bedroom with fitted wardrobes and storage cupboard
Large double bedroom with fitted wardrobes
Office/single bedroom
Bathroom with corner bath, shower cubicle, w/c and wash basin
Gated driveway with parking for (6)
Double garage
Rear courtyard
The property benefits from gas central heating and double glazing

Listing Details
Freehold Price: £999,950
Tenure: Freehold
Sector: Rental Business, Investment Properties, Commercial Properties
Annual Turnover: £50,000
Annual Net Profit: Available upon request
Key Features
  • Fully Fitted
  • Established Business
  • Retirement Sale
  • Town Centre location
  • Close to Local Amenities
  • With Car Park
  • Potential for Alternative Use
  • With Accommodation
  • Central Position in Affluent Village
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
This advert is currently inactive.
This advert is currently inactive.
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.
The data showed regarding this advert 'Freehold Investment Property With Large Family Home & HMO Potential - 2000 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.