Summary
On behalf of the Joint LPA Receivers Simon Hunt & Alistair Wright - Retail and Residential Investment Opportunity
Location
The site is centrally located in Bloxwich town centre, fronting on to High Street (A34). Bloxwich is a small town located approximately 11 miles to the north of Birmingham, in close proximity to Walsall. Bloxwich offers good transport links with Junction 10 of the M6 located 3 miles to the south. Bloxwich train station offers frequent services to Birmingham and Walsall.
Nearby occupiers include Boots Opticians, Lloyds Bank, HSBC Bank, Barclays Bank, Specsavers and Greggs.
Specification
Prominent High Street retail pitch with good footfall
Two lock up shops – one occupied & one under offer
Three self-contained flats to the first and second floors
Current rental income - £20,864 per annum (£34,544 with new letting completed) Potential rental income if fully let - approximately £38,500 per annum Offers Invited
The premises comprises two lock up shops at ground floor level, fronting directly on to High Street, including a well-established take away and a recently vacated unit. The vacant unit is currently under offer at an agreed rent of £13,680 per annum. The incoming tenant is relocating his salon business which is currently based next door. To the upper floors there are three self-contained residential flats. Two flats share a communal entrance lobby and one is a maisonette. All units are accessed by an external staircase to the rear of the property. To the rear of the property is a gated yard area, which could be utilised for car parking, with access from High Street provided by an archway under the adjacent property
Availability
| Unit | Accommodation |
| 192 High Street | Retail Unit - 1,140 sq ft (105.91 sq m) |
| 194 High Street | Retail Unit - 1,023 sq ft (95.08 sq m) |
| 192A High Street | One bedroom apartment |
| 192B High Street | One bedroom maisonette |
| 194A High Street | Two bedroom duplex apartment |