5 bed property for sale

Hermitage Lane, Polesworth, Tamworth B78

An exceptional opportunity to acquire a versatile barn development providing commercial accommodation, office suites, and extensive grounds with hardstanding. Generating a strong rental income of approximately £76,104 per annum, with potential to increase further, this investment offers a rare blend of character, income security, and future redevelopment potential.

The Granary: A detached, two-storey, conversion with garage storage currently used as beauty rooms.
The Dairy: A two-storey, barn currently used as a pilates studio.
The Tackroom: A single-storey commercial barn with kitchenette and WC currently operating as a salon.
The Stables: Three self-contained offices each with kitchenette and WC. Office 2 also has the benefit of a boardroom.
Rear Yard and extensive grounds with in out driveway for parking.

Total approximate floor area 6,645 square feet (617 square metres).

EPC rating The Dairy: D. EPC rating The Granary: C.

Situation

The property occupies an attractive semi-rural position with open outlook over fields and is set in spacious grounds within 4 miles of Tamworth. Tamworth itself offers a wide variety of amenities and green spaces, and offers regular train services to Birmingham New Street and Lichfield. The premises are well-located for access to and from Sutton Coldfield, Birmingham and the rest of the region via the M42, A453, and M6.

Distances

Sutton Coldfield town centre 10.4 miles
Tamworth 3.7 miles
Lichfield 11.4 miles
Birmingham City Centre 17.7 miles
Birmingham International/nec 16.8 miles
(Distances approximate)
These particulars are intended only as a guide and must not be relied upon as statements of fact.
Your attention is drawn to the Important Notice on the last page of the text.

Description Of Property

Rare Investment Opportunity – Commercial Barn Development with Significant Income Potential

An exceptional opportunity to acquire a versatile barn development providing commercial accommodation, office suites, and extensive grounds with hardstanding. Generating a strong rental income of approximately £76,104 per annum, with potential to increase further, this investment offers a rare blend of character, income security, and future redevelopment potential.

Key Highlights:
•Established Income Stream –
Currently producing £6,342 per month (£76,104 per annum), with an additional £4,800 per annum achievable once the rear yard is let.
•Historic Redevelopment Potential –
Planning permission has previously been granted (app no. Pap/2014/0149) for conversion of the barns (Use Class B1a) to residential dwellings (Use Class C3), offering scope for future enhancement.
•Character & Charm –
Originally converted over 20 years ago, the barns retain exposed brickwork, timber beams, and traditional features, adding unique appeal to this thriving commercial space.
•Expansive Grounds –
Set in 0.25 acres, the property is accessed via two private driveways, with generous parking, green space, and a rear yard with redevelopment potential.
•Scenic Location –
Enjoying far-reaching views over open countryside, providing a desirable rural setting with strong tenant demand.

Current Rent Roll:
•The Granary – £1,450 pcm
•The Dairy – £1,350 pcm
•Tack Room – £870 pcm
•Stables 1 – £1,145 pcm
•Stables 2 – £832 pcm
•Stables 3 – £695 pcm
•Rear Yard – Available for £400 pcm

Total Current Income: £76,104 per annum
Potential Annual Income: £80,904 once the rear yard is occupied.

This is a rarely available investment opportunity with strong income, future development potential, and a sought-after rural location. Whether retained as a long-term asset or explored for conversion, this property presents a compelling opportunity for investors.

For more information or to arrange a viewing, contact us today.

Amenities

Car Park
The property includes a substantial rear car park, with overflow parking to the rear. There is also a substantial yard which was previously used as a vehicle store and generated an income of £500.00 per cal month. The yard has a separate vehicular right of way to the rear.

Services

The building has mains gas, electricity and water with gas central heating boilers heating the offices. A private drainage system serves the properties.

Fixtures And Fittings

Only those items mentioned in the sales particulars are to be included in the sale price. All others are specifically excluded but may be available by separate arrangement.

Terms

The property is offered for sale Freehold subject to existing tenancies although vacant possession could be available upon request.
Average area broadband: 66 Mbps

Outgoings

Interested parties should check the Rateable Value with the local authority North Warwickshire Council.

Viewings

Strictly by appointment through the Sole Selling Agents – Aston Knowles

Disclaimer

Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed. If there is any point which is of particular interest to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These particulars do not constitute a contract or part of a contract. All measurements quoted are approximate. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.