For Sale By Auction | 18:00, 14 March 2024 | Lot 5

33 High Street, Black Heath, West Midlands B65 0DR

*Guide | £132,000 (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 0121 289 3838 for more information

Auction Date

Thu 14/03/2024

Auction Time


Auction Venue



Situated on the busy main Black Heath High Street, this mixed use investment property comprises of a ground floor retail unit currently trading as Taste of Himalayan which is a hot food restaurant with take out service, whilst at first floor level is a self contained flat. The premises offers a good investment opportunity with income of £11,400.00 per annum with a yield in excess of 8% based upon guide. A rent review in November 2025 will increase the yield still further. The property has not been inspected by the Auctioneer but is believed to comprise :



Ground Floor

Restaurant Area, Servery, Kitchen/Prep Room, W.C.. This is let on a Lease commencing 25/10/22 at a rent of £7,800.00 per annum. A rent review is due on 1st November 2025 where the rent will increase to £9,000 .00per annum.

First Floor Flat

Believed to comprise: Lounge/Bedroom, Shower Room, Kitchen. Let on an Assured Shorthold Tenancy from 3/12/2017 at £300.00 per calendar month.

Energy Efficiency Rating (EPC)

Current Rating Flat E and Shop C


Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Sandwell Metropolitan Borough Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - 1% plus vat

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.