285 Bearwood Road, Smethwick, West Midlands, B66 4DR

Property Details: • Type: 1,316 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Guide Price £250,000 • Passing Rental £25,600 PA • Ground Floor Takeaway Premises • First Floor Flat • First Floor Studio*

Location: • Nearest Station: Smethwick Galton Bridge Tram Stop • Distance to Station: 0.7 miles

Agent Information: • Address: The Mint 95 Icknield Street Hockley Birmingham B18 6RU

Full Description: DescriptionThe property comprises of a mixed-use investment premises set along Bearwood Road. The building comprises of a ground floor takeaway premises which provides predominantly open plan retail space with rear ancillary and kitchen areas. The premises is let for a term expiring in 2034 at a current passing rental of £10,000 per annum. Accessed to the rear of the property via a steel staircase and walkway there are two residential units which are let on assured shorthold tenancy agreements generating an additional £15,200 per annum. Externally there is a blockwork garage / storage building, which is vacant.LocationThe property is located in a prominent roadside position, to the northern end of Bearwood Road (A4030), close to its junction with Waterloo Road in the Bearwood area of Sandwell.The immediate area is a mixed residential and commercial location with the Bearwood Road well served by a mix of national and local retailers.What3words///sailor.cooks.resistServicesThe property benefits from all mains services connected on, or adjacent to the subject premises.The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own due diligence.