Back to Cottons

One-bedroom flat with retail shop investment

Oldbury, B69 - Get Access

1 bed 1 bath

Description

A mid-terraced property of brick construction surmounted by a tiled roof, directly fronting the pavement. The property comprises a ground floor fast food takeaway currently trading as Spice Box, alongside a first floor one-bedroom flat. It is situated in a popular high street directly opposite Langley Park within an established parade of retail shops and restaurants. Langley High Street is located off Broad Street and Langley Green Road, approximately half a mile from Junction 2 of the M5 Motorway. The property is currently let on a 5-year lease from 1st November 2024 at a rental of £500 per calendar month (£6,000 per annum). Accommodation includes a ground floor serving area, kitchen, and preparation room. The first-floor flat is accessed via the rear and comprises a kitchen, lounge, bedroom, partitioned second bedroom off the kitchen, and a bathroom fitted with a bath, wash basin, and WC. Externally, the property features a rear yard area with a shed, accessible via the rear or a side entrance. The flat falls under Council Tax Band A. EPC ratings are recorded as E for the retail shop and E for the flat.