Freehold Investment Property, Highfield Road, Birmingham, B28 0EL

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

Key Features: • Freehold Investment Property • Rental Income £48,000 (9.6%) ROI

Location: • Nearest Station: Hall Green Station • Distance to Station: 0.5951212380091104 miles

Agent Information: • Address: CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

Full Description: Freehold Investment Property Located In Hall Green, Birmingham <br />Rental Income £48,000 pa (9.6%) ROI <br />Ref 3152 <br /> <br />Asking Price £500,000 <br /> <br />Location <br />Veritas Business Sales offer to the market this Investment Property which is located in Hall Green, Birmingham. Situated within a prominent and highly visible trading position on a small parade of shops where Highfield Road meets the very busy (A34) Stratford Road. Adjacent you have The Bull's Head public house and close by is Waitrose Supermarket and Aldi Supermarket both of which bring high levels of passing footfall to the area. Hall Green is well serviced by public transport and is densely populated with residential properties. Birmingham City Centre is (6 miles) away and Solihull Town centre just (3 miles). <br /> <br />Business Description <br />Veritas Business sales offer to the market this Freehold Investment Property which is located in Hall Green. The ground floor comprises of a restaurant. On the first floor you have a one bedroom flat and on the second floor you have a one bedroom flat. The FRI lease was signed on 31st May 2023 for a term of 15 years. Current rental income of £48,000 pa with a RPI rent review due in 2028 and 3 yearly reviews thereafter. <br />We believe that this is a great investment opportunity and as such early viewing is highly recommended. <br /> <br />Ground Floor <br />Restaurant <br />Customer toilets <br />Kitchen <br />Dry stores <br />Storeroom <br />Hallway <br />Staff W/C <br />Self contained rear door with hallway and stairs leading to the accommodation above. <br /> <br />Commercial EPC Rating B <br /> <br />External <br />Frontage with pergola restaurant. Rear yard with covered bin store and parking for (1). <br /> <br />First Floor <br />Lounge/kitchen. W/C with wash basin. Hallway with storage cupboard. Single bedroom with shower. Stairs leading to the second floor. <br /> <br />Second Floor <br />Double bedroom. Lounge/kitchen. Bathroom with bath and electric over bath, W/C and wash basin. <br /> <br />Domestic EPC rating D