A freehold mixed use property located on the highly sought after Dudley Road with potential rental income £34,800 pa The ground floor is currently let at £1400PCM (£16,800 Per Annum) with a rent review in place for October 2025. The retail shop is laid out as a main retail area, two treatments rooms, kitchen and bathroom. The property has a separate access for the flat above which will be sold with vacant possession, the flat has an expansive lounge, kitchen, bathroom and two bedrooms. It has a potential rental income of £12,000 pa or £18,000 pa if divided in to two flats The flat located above has the potential to be converted into multiple smaller flats, which can be a great way to maximise space and rental income. However, this kind of conversion is subject to obtaining the necessary planning permissions from the local authorities. To the rear of the property is a gated access suitable for loading into the rear of the shop. The upstairs sections of the property are currently in need of refurbishment and surrounded by well presented properties, having huge upward potential for someone looking to add value or create multiple residential units. (subject to planning). Auctioneers Note The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000. The completion period for this property is 56 days. Starting Bid and Reserve Price *The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that’s Lots may be withdrawn prior to the end of auction. Disclaimer These particulars, whilst believed to be accurate based on information from the seller and photographic evidence, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. We have not physically inspected the property, therefore intending purchasers should not solely rely on these details as statements of fact, but must satisfy themselves by personal inspection or other means to verify the information provided. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. If the property is occupied during the auction but to be sold with vacant possession, we take no responsibility if the property is not vacated on or before completion.