Investment Premises in Walsall

Price:

Freehold - £199,950

Turnover:

Seller Ref:

2406

Location:

West Midlands , Walsall

Business Type:

Commercial Property

See Other:

Investment properties for sale in West Midlands
Commercial property for sale in West Midlands

Description:

THE BUSINESS:

Preferred Commercial is delighted to offer for sale these investment premises, which have been in our client's careful hands since 2008. The property is only now offered to the market due to our client's other business interests. The premises are split into large takeaway on the ground floor and self-contained 3-bedroom accommodation above, with lounge and bathroom. The property is currently let for £180 per week and operates as a Chinese takeaway. The new owner could, if desired, convert the property into 4 x 2-bedroom flats to generate a higher income. This is an ideal opportunity to acquire investment premises which already have a tenant and huge scope for future development.

Location Details:

This 2-storey investment property is ideally located in the town of Walsall, West Midlands. The premises benefit from ample on-street parking and are surrounded by a variety of complementary shops and businesses. There are a number of bus routes serving the area and the railway station is within easy walking distance. The business boasts easy access to the A-road network and the M6 motorway is approximately 1.5 mile away. Walsall is a large industrial town situated 6 miles from Wolverhampton and 8 miles to the north of Birmingham.

Accommodation:

Substantial semi-detached takeaway premises with 3-bedroom accommodation. Briefly comprising: Ground Floor • Shop area with serving counter and waiting area • Commercial kitchen fitted to suit the trade • Large store room to rear • WC with wash hand basin • Large currently unused lounge First Floor 3 x double bedrooms Lounge/4th bedroom Bathroom with bath, WC and wash hand basin External • Garden to rear • Driveway to side