798, Stratford Road, Sparkhill, Birmingham, West Midlands, B11 4BS

GBP 350,000
For Sale

Property Details

Property Type

None

Description

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • On busy Stratford Road • Freehold Investment • NO VAT on purchase price.

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 51 Regent Parade, Birmingham, B1 3NS

Full Description: Location DescriptionIncome producing Lock-up shop on the busy and popular Stratford Road in Sparkhill. The property comprises a ground floor retail unit with first floor residential uppers, all occupied by the same tenant. Tenure CommentsThe premises is leased to a private individual on a lease which expired in March 2023. The passing rent is £13,000 per annum, exclusive. The lease is contracted outside of the security of tenure provisions of the L&T Act 1954 (as amended). The tenant also occupies next door (800).EPCTBCService Charge InformationNo service charge is present. InsuranceThe tenant pays the landlords insurance premium. PlanningWe understand the unit benefits from E Class planning use. Interested parties are advised to make their own enquiries.VATVAT is not applicable.Legal CostsEach party will be responsible for covering their own legal costs incurred in the transaction.

Location

Address

798, Stratford Road, Sparkhill, Birmingham, West Midlands, B11 4BS

City

Birmingham

Features and Finishes

On busy Stratford Road, Freehold Investment, NO VAT on purchase price.

Legal Notice

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