Guide price
£300,000
Retail premises for saleWindmill Hill, Halesowen B63
Just added
About this property
Two ground floor retail units and two self-contained one-bedroom residential flats
Full vacant possession available
Combined potential income of 3,200
Strong long-term capital appreciation potential
Direct rear access
Summary
For sale via secure sale online bidding - terms and conditions apply.
An excellent opportunity to acquire a freehold mixed-use investment property comprising two ground floor retail units and two self-contained one-bedroom residential flats arranged over the first floor. The property provides a strong and diversified income stream, making it ideal for investors seeking both commercial and residential exposure within a single freehold title.
The property was previously producing a combined rental income of 3,200 per calendar month from both retail units and both flats.
The ground floor comprises two retail shop units with prominent frontage, providing excellent visibility and suitability for a variety of retail, office, or service-based uses (subject to any necessary planning consents). One retail unit is currently operating as a builders merchant, while the other is being used as an office. The commercial element benefits from direct on-site car parking allocated to the retail units and flats, as well as a large free customer car park located to the rear of the property, providing convenient access for customers, staff, and deliveries.
The first floor comprises two fully self-contained one-bedroom flats, each with its own private kitchen and separate bathroom, offering comfortable and independent living accommodation. Both flats are well-proportioned and highly lettable, making them attractive to long-term tenants.
The properties are offered freehold with established tenancies in place, presenting a stable, income-generating mixed-use investment with built-in rental growth and strong long-term capital appreciation potential. The properties can also be made vacant on completion, subject to agreement.
Early viewing is highly recommended due to the properties being realistically priced.
Disclaimer:
These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intended purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sale particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included with the sale of the property.
Viewings:
Viewings are strictly by appointment through bpg ltd.
Please note we have not inspected this property.
Location
Located just 1.6 miles from Halesowen Town Centre, on an established retail parade, with local amenities like the post office and local shops within close proximity.
Accommodation
Freehold mixed-use investment property comprising two ground floor retail units and two self-contained one-bedroom residential flats arranged over the first floor. The property provides a strong and diversified income stream, making it ideal for investors seeking both commercial and residential exposure within a single freehold title.
Tenure
Freehold, title number MM192102.
EPC
Commercial (36-38) - D
36A - E
38A - E
Full reports available on request.
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
For sale via secure sale online bidding - terms and conditions apply.
An excellent opportunity to acquire a freehold mixed-use investment property comprising two ground floor retail units and two self-contained one-bedroom residential flats arranged over the first floor. The property provides a strong and diversified income stream, making it ideal for investors seeking both commercial and residential exposure within a single freehold title.
The property was previously producing a combined rental income of 3,200 per calendar month from both retail units and both flats.
The ground floor comprises two retail shop units with prominent frontage, providing excellent visibility and suitability for a variety of retail, office, or service-based uses (subject to any necessary planning consents). One retail unit is currently operating as a builders merchant, while the other is being used as an office. The commercial element benefits from direct on-site car parking allocated to the retail units and flats, as well as a large free customer car park located to the rear of the property, providing convenient access for customers, staff, and deliveries.
The first floor comprises two fully self-contained one-bedroom flats, each with its own private kitchen and separate bathroom, offering comfortable and independent living accommodation. Both flats are well-proportioned and highly lettable, making them attractive to long-term tenants.
The properties are offered freehold with established tenancies in place, presenting a stable, income-generating mixed-use investment with built-in rental growth and strong long-term capital appreciation potential. The properties can also be made vacant on completion, subject to agreement.
Early viewing is highly recommended due to the properties being realistically priced.
Disclaimer:
These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intended purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sale particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included with the sale of the property.
Viewings:
Viewings are strictly by appointment through bpg ltd.
Please note we have not inspected this property.
Location
Located just 1.6 miles from Halesowen Town Centre, on an established retail parade, with local amenities like the post office and local shops within close proximity.
Accommodation
Freehold mixed-use investment property comprising two ground floor retail units and two self-contained one-bedroom residential flats arranged over the first floor. The property provides a strong and diversified income stream, making it ideal for investors seeking both commercial and residential exposure within a single freehold title.
Tenure
Freehold, title number MM192102.
EPC
Commercial (36-38) - D
36A - E
38A - E
Full reports available on request.
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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