This property offers a desirable income producing investment opportunity and
comprises a traditional semi - detached property within a small parade of
predominantly retail facilities fronting to Amington Road a principle routeway
from the eastern outskirts of the Borough of Tamworth to Tamworth town centre.
The property has parking on the forecourt and substantial gardens to the rear.
The ground floor shop is let to William Hill Organization Ltd and is currently
producing a rental of £6, 600 per annum net of any applicable value added tax
and the vendors consider there is much potential for rental growth.
The shop is completely self - contained and is complete with twin WC/wash
facilities and a fitted kitchen.
The first - floor apartment which has been fully refurbished and is complete
with gas fired central heating and a good standard of fitting throughout is
fully self - contained and separately let to a private tenant and is currently
producing a rental of £6, 000 per annum gross.
The accommodation comprises entrance hall, fitted bathroom, fitted kitchen,
living room and two bedrooms.
**Tenancy details
**
The William Hill Organisation Ltd occupy under a lease till February 2024 at a
current rental of £5, 000 per annum.
The tenant of the flat occupies under an assured shorthold tenancy at a
current rental of £6, 600 per annum.
Copies of both documents can be seen upon request.
**General information
tenure**
The property is offered freehold subject to the existing tenancies described
herein.
**Services**
All mains’ services are connected to the building.
**Rating assessment**
The ground floor shop has a current business rates rateable value of £4, 800.
The first - floor apartment is rated Council Tax Band A.
**Energy performance certificate**
The ground floor shop has a current Certificate and is rated C.
The first - floor apartment has a current Certificate and is rated D.
**Viewing**
Please contact the agents.
**Price**
Offers are invited for the benefit of the freehold interest subject to the
existing tenancies in the sum of £215, 000 (vat not applicable).
**Local authority**
Tamworth Borough Council
Marmion House Lichfield Street
Tamworth B79 7BZ
Telephone No:

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