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86a Owen St 1,078 SF Retail Building Tipton DY4 8EX $226,505 ($210.12/SF) 6.22% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Trade Location
  • Excellent Transport Links
  • High Footfall Area

EXECUTIVE SUMMARY

A rare opportunity to acquire a freehold mixed-use investment prominently positioned on Owen Street in Tipton, directly opposite Tipton Shopping Centre. This mid-terrace property of traditional masonry construction comprises a ground floor takeaway unit currently let to a well-established Chinese takeaway on a lease until October 2029, generating a rental income of £11,180 per annum. Above, a self-contained two-bedroom flat offers additional potential, currently vacant and ideal for letting or refurbishment. Situated in a busy high street location with strong footfall, this property presents an attractive investment with immediate income and future growth prospects.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,078 SF
Building Class
C
Year Built
1910
Price
$226,505
Price Per SF
$210.12
Cap Rate
6.22%
NOI
$14,089
Tenancy
Single
Building Height
2 Stories
Building FAR
1.50
Lot Size
0.02 AC
Frontage
14’ on Owen Street

AMENITIES

  • Bus Line
  • Commuter Rail
  • Security System
  • Signage
  • Automatic Blinds

NEARBY MAJOR RETAILERS

Nisa
Spar
Costcutter
Co-op
Farmfoods
Bella Italia
Chiquito
Morrisons
Nando's
Pure Gym
  • Listing ID: 35372837

  • Date on Market: 4/4/2025

  • Last Updated:

  • Address: 86a Owen St, Tipton DY4 8EX

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