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Offers in region of

£650,000

4 bed retail premises for sale
Station Road, Erdington, Birmingham B23

    • 4 beds

    • 2 baths

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Midland Housing

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About this property

  • Freehold Investment Opportunity

  • Two Adjoining Commercial Units

  • Two Self-Contained Flats

  • £1,500 pcm Residential Income

  • Vacant Shops + Ready to Occupy

  • Prime Station Road Location

  • High Footfall & Established Parade

  • Private Rear Access

  • Excellent Transport & Motorway Links

  • Immediate Viewings

Midland Housing are delighted to present this rare opportunity to acquire two adjoining freehold commercial properties with residential accommodation, prominently positioned on the popular Station Road, Erdington. Occupying an excellent trading position within a busy and well-established commercial parade, the properties benefit from strong levels of passing footfall and are surrounded by a diverse range of established businesses. Erdington High Street and the local train station are both just a short walk away, further enhancing the location’s appeal for both occupiers and investors.

Both commercial units are currently vacant, offering immediate scope for a variety of businesses and commercial uses, whilst each property benefits from a self-contained two-bedroom flat above, accessed via a private rear entrance and currently occupied, providing existing rental income from day one. The shops themselves offer well-proportioned retail areas, useful storage accommodation, W/C facilities and roller shutters, with the two units measuring approximately 602 sq ft and 720 sq ft respectively. The adjoining nature of the properties also presents flexibility for an owner occupier, investor or business looking to secure a larger combined commercial footprint.

With its established trading environment, excellent connectivity and close proximity to both Erdington’s high street and railway station, this is a highly versatile freehold opportunity combining vacant commercial accommodation with established residential income, making it an attractive proposition for investors and owner occupiers alike. Major motorway networks and key arterial routes are also readily accessible, providing convenient links across Birmingham and the wider West Midlands.

Accommodation

The property comprises two adjoining ground floor retail units, each offering a spacious and well-presented shop front with generous sales accommodation and useful storage space to the rear. Both units benefit from their own W/C facilities, whilst one of the shops additionally provides a dedicated kitchen area. The units are of standard construction and offer flexible accommodation suitable for a variety of commercial uses, subject to any necessary planning and consents. Both shops are fitted with roller shutters for added security.

Each property benefits from a self-contained two-bedroom flat situated above the commercial premises. The flats comprise two bedrooms, an open-plan kitchen and lounge area, and a bathroom. Each flat benefits from its own private rear access, providing convenient independent access separate from the commercial units. Both flats are currently occupied under supported accommodation leases, each achieving a rental income of £750 per calendar month, providing an immediate and established income stream for the purchaser.

Utilities

Mains electricity, gas, water and sewage.

Heating

Gas central heating.

Broadband

Broadband is available at the property.

Tenure

We are advised that the property is Freehold. Interested parties are encouraged to seek verification from their own solicitor.

Viewing & Further Information

This is a rare opportunity to acquire a substantial and well-maintained premises in a thriving part of Birmingham, offering enormous flexibility for a range of business ventures or development projects. Early viewing is highly recommended to fully appreciate the scale and potential on offer.

General Information

All measurements are approximate and should be independently verified. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

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Property descriptions and related information displayed on this page are marketing materials provided by - Midland Housing. 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 Midland Housing for full details and further information.