Property Details: • Type: Retail Property (high street) • Tenure: FREEHOLD • Floor Area: N/A

Key Features:

Location: • Nearest Station: Kings Norton Station • Distance to Station: 0.31735032123432505 miles

Agent Information: • Address: Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL

Full Description: Guide Price = £160,000 - £175,000 <br /> <br />Property for auction on 22nd April at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT <br /> <br />A prominently located mixed-use investment property comprising of a cafe and restaurant premises to the ground floor, along with a self-contained flat to the first and second floors over situated fronting Pershore Road (A441) and forming part of the busy Cotteridge Shopping Centre, benefiting from a high volume of pedestrian and the vehicular passing trade. <br /> <br />The property is mid-terraced and of three-story traditional brick construction, surmounted by a pitched, tile-clad roof, and each part is separately metered with the Flat accommodation benefiting from UPVC double glazed windows, and gas-fired central heating. Cotteridge comprises a popular residential suburb situated neighbouring Bournville and is located approximately five miles to the south of Birmingham Centre and within 300 metres of Kings, Norton Railway Station, providing excellent commuting to the City Centre. <br /> <br /><b> Tenancy Information:</b> <br />1869 Pershore Road (Caf): Let on a lease expiring in 2027, at a rental of £650 per calendar month (£7,800 per annum) <br />1869A Pershore Road (Flat): Let on an assured short-hold tenancy at a rental of £675 per calendar month (£8,100 per annum) <br /><b> Total Rental Income:</b> £1,325 pounds per calendar month, (£15,900 per annum). <br /><b> Note: the landlord advises that rents have not been reviewed for at least four years and the rental income could be significantly improved.</b> <br /> <br />Accommodation: <br /><b> Ground Floor:</b> <br /><b>1869 Pershore Road (Caf): </b> <br />Seating Area with servery: 20.73 sq m (223 sq ft), <br /> <br />Rear Seating Area: 13.75 sq m (148 sq ft), Customer Toilet with wc and wash basin, Lobby and Kitchen: 8.77 sq m (94 sq ft) with store <br /><b>1869A Pershore Road (Flat): </b> <br />Shared pedestrian entry access to External Stairs to first floor. <br /><b> First Floor:</b> <br />Dining kitchen: 4.10m x 3.04m with range of modern kitchen units and store cupboard, Lounge: 4.63m x 4.10m with bay window <br /><b> Second Floor:</b> <br />Stairs and landing, Bedroom One: 4.10m 3.66m, Bedroom Two: 3.15m x 2.53m, Bathroom: 2.22m x 1.47m with panel bath and shower over, wash basin and wc. <br /><b>Outside:</b> <br />Paved yard, brick store and lawned garden. <br /> <br /><b> Council Tax:</b> Currently included as accommodation with the Cafe in the Rating Assessment. <br /> <br /><b> EPC Rating:</b> <br />1869 Pershore Road (Caf): D (98) <br />1869A Pershore Road (Flat): D (57) <br /> <br /><b> Legal Documents: </b> <br />Available at <br /> <br /><b> Viewings:</b> Refer to viewing schedule online.