8 bed Flat For Sale £895,000
High Street, West Bromwich, West Midlands B70

** commercial block with ground floor shop unit & 4 fully self contained flats**

A unique opportunity to purchase a Commercial Premises with a strong plc Covenant***
Gross Rental £62,000 pa offering a Gross Yield of 6.92%
Let on long term leases.

Gross Rental £62,000 per annum

Located in High St West Bromwich set in a busy pedestrianised parade of shops, having the benefit of a mixture of plc and family run outlets.

Ground floor premises let to William Hill Plc on a long-term Fri lease current lease to run till 2027.

First and Second Floor having the benefit of 4 flats fully let to Serco plc till 2027 with an option to extend till 2030.
Flat 1 - 2 bedrooms, lounge, fitted kitchen, bathroom
Flat 2 - 1 bedrooms, lounge, fitted kitchen, bathroom
Flat 3 - 3 bedrooms, lounge, fitted kitchen, bathroom
Flat 4 - 2 bedrooms, lounge, fitted kitchen, bathroom

Car parking / loading bay to the rear of the premises

The owner has extensively refurbished the property throughout in 2020, and it meets all current building and fire regulation standards