Neighbouring restaurants and hair salon set to attract investors at Bond Wolfe’s next auction

Two adjoining commercial investment properties in the heart of Tamworth town centre are set to draw interest from investors at our next auction.

The properties, located at 72 Church Street and 10 & 11 Silver Street, are listed with guide prices* of £120,000+ and £320,000+ respectively in our live-streamed auction on Thursday 11 September.

Ian Tudor, commercial auction director at Bond Wolfe, said:

“This pair of well-presented investment properties sit in a prominent corner position in this historic market town and are currently producing strong rental income.

With three established businesses in occupation, and the potential for future redevelopment subject to planning permission, we expect them to generate significant interest from investors across the UK.”

72 Church Street – Tandoori Spice Restaurant

The property at 72 Church Street is occupied by the long-established Tandoori Spice Indian restaurant, generating £12,000 per annum in rental income.

The three-storey mid-terraced building includes:

• Restaurant and takeaway space on the ground floor with commercial kitchen and stores
• First-floor landing, WC, bathroom and bedroom
• Two further rooms on the second floor

The freehold is let on a 20-year full repairing and insuring lease from April 2021, with approximately 16 years remaining. The next rent review is due in April 2026.

10 & 11 Silver Street – Sequel Hair Salon & Blue Water Restaurant

The neighbouring properties at 10 & 11 Silver Street generate a combined annual rent of £32,500.

• 10 Silver Street: Occupied by Sequel Hair Salon, which operates across three floors, including the main barber shop on the ground floor, additional salon areas, a kitchenette, a treatment room and WC facilities. Let on a five-year lease from March 2025, producing £12,500 per annum. 1
• 1 Silver Street: Home to Blue Water Indian restaurant, offering 58 covers on the ground floor with bar and WC, and an additional dining area upstairs with 24 covers, plus kitchen and customer facilities. The second floor includes two rooms, bathroom, WC and storage. Let on a 20-year lease from July 2025, at £20,000 per annum with five-yearly rent reviews.

Prime town centre location

The three properties occupy a prominent corner of Church Street and Silver Street, close to Tamworth’s primary retail areas of George Street, Middle Entry and the Ankerside Shopping Centre.

Nearby occupiers include Co-op Food, Post Office, shops, bars, restaurants, professional offices, and the historic Tamworth Castle.

Auction details

The Tamworth investment properties are among 207 lots appearing in Bond Wolfe’s next auction, starting at 8.30am on Thursday 11 September.

The auction will be live-streamed via our website, with remote bidding available by proxy, telephone or internet.

For more details and to register to bid, visit https://www.bondwolfe.com/auctions/properties/, email auctions@bondwolfe.com or call 0121 312 1212.

*Each property is subject to a reserve price which may be different from the guide price. Please refer to the Important Information and legal pack(s) for further details and any additional fees which may apply.