£215,000

Retail premises for sale

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Offers in region of

£215,000

(£430.00/sq. ft)

Retail premises for sale

Amington Road, Tamworth B77

From 500 - 2,000 sq. ft

Local area information

Property location

Nearby amenities

  • Ankermoor Primary Academy 0.1 miles
  • The Woodlands Community Primary School 0.3 miles
  • Tamworth 0.5 miles
  • Wilnecote (Staffs) 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

This property offers a desirable income producing investment opportunity and comprises a traditional semi-detached property within a small parade of predominantly retail facilities fronting to Amington Road a principle routeway from the eastern outskirts of the Borough of Tamworth to Tamworth town centre.

The property has parking on the forecourt and substantial gardens to the rear.

The ground floor shop is let to William Hill Organization Ltd and is currently producing a rental of £6,600 per annum net of any applicable value added tax and the vendors consider there is much potential for rental growth.

The shop is completely self-contained and is complete with twin WC/wash facilities and a fitted kitchen.

The first-floor apartment which has been fully refurbished and is complete with gas fired central heating and a good standard of fitting throughout is fully self-contained and separately let to a private tenant and is currently producing a rental of £6,000 per annum gross.

The accommodation comprises entrance hall, fitted bathroom, fitted kitchen, living room and two bedrooms.
Tenancy details


The William Hill Organisation Ltd occupy under a lease till February 2024 at a current rental of £5,000 per annum.

The tenant of the flat occupies under an assured shorthold tenancy at a current rental of £6,600 per annum.

Copies of both documents can be seen upon request.
General information

tenure


The property is offered freehold subject to the existing tenancies described herein.
Services

All mains’ services are connected to the building.
Rating assessment

The ground floor shop has a current business rates rateable value of £4,800.

The first-floor apartment is rated Council Tax Band A.
Energy performance certificate

The ground floor shop has a current Certificate and is rated C.
The first-floor apartment has a current Certificate and is rated D.
Viewing

Please contact the agents.
Price

Offers are invited for the benefit of the freehold interest subject to the existing tenancies in the sum of £215,000 (vat not applicable).
Local authority

Tamworth Borough Council
Marmion House Lichfield Street
Tamworth B79 7BZ
Telephone No:

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Calders Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Calders Surveyors for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Staffordshire
  4. Tamworth
  5. Amington Road

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