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12-12B High St

3,877 SF 100% Leased Retail Building Rowley Regis B65 0DT $155,300 ($40/SF)

Investment Highlights

  • Nearby bus routes
  • Office/ retail mix
  • Multiple tenants

Executive Summary

12 High Street - Held on a 21 year lease from the 1st April 2010. The current rent is £9,600 per annum. A rent review is due in 2026. 12A High Street - Held on a 999 year lease from the 23rd August 2022 (expiring on the 22nd August 3021) at a peppercorn ground rent. 12B High Street - 999 year lease from the 30th March 2020 (ending on the 29th March 3019) at a peppercorn ground rent.
FOR SALE - Commercial investment opportunity comprising a ground floor shop (current rent: £9,600 pa) with a further ground floor shop and first floor offices subject to long leases at a nil ground rent. EPC = No. 12 (73 - D), 12A (46 - B), 12B (68 - C).

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
3,877 SF
Year Built
1930
Price
$155,300
Price Per SF
$40
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Frontage
30 FT on High St

Amenities

  • Storage Space

Nearby Major Retailers

Sainsbury's
Antonio's Pizza
Iceland
Lloyds Bank
Heron Foods
Barclays Bank
Lidl
Costcutter
Spar
ALDI
  • Listing ID: 32564829

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 12-12B High St, Rowley Regis B65 0DT

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