33 Thornhill Road, Halesowen, West... Mixed use for sale

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33 Thornhill Road, Halesowen, West... Mixed use for sale

33 Thornhill Road, Halesowen, West Midlands, B63 1AU
£70,000

Our Summary

  • Guide Price = £60,000 - £70,000Freehold Retail Investment with Flat subject to a Long LeaseholdProperty for auction on 10th September at 13:00at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DToperates multiple pharmacies and their last published accounts contained on Companies House stated a turnover in excess of £178 million for year ending 30th November 2024

Description

This property is a freehold retail investment with a flat subject to a long leasehold, located on Thornhill Road. The property operates as a pharmacy and has a turnover of over £178 million according to the last published accounts. The lease has 66 years unexpired, and the freeholder has the right to charge a premium to extend the lease in the future. The ground floor property has a retail area, office, and dispensary, while the first floor flat and garage are not applicable. The property is being sold at a guide price of £60,000 to £70,000 and will be auctioned on September 10th.