Property for sale Guns Lane, West Bromwich, B70

For Sale

£3,200,000

Added on 20/10/2026

Tenure: Freehold

About this property

A rare opportunity to acquire a substantial freehold commercial site extending to approximately 5,874 sq m (0.5874 hectares), offering both immediate income and significant development potential. The site is currently let to six tenants, producing a combined rental income of £163,200 per annum, providing an attractive income stream while plans for redevelopment are progressed.

Council tax

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Location

Guns Lane, West Bromwich, B70

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Mortgage and stamp duty

Property price £3,200,000

£1.6m £4.8m

Deposit10% £320,000

£0 £3.2m

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £2,880,000 mortgage. Most lenders would want a household income of about £640,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.