About this home
Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A
Key Features: • INVESTMENT OPPORTUNITY • POPULAR LOCATION • HALL GREEN • COMMERCIAL LOCK UP • TWO REFURBISHED FLATS
Location: • Nearest Station: Yardley Wood Station • Distance to Station: 0.5 miles
Agent Information: • Address: 7 Church Green East, Redditch, B98 8BP
Full Description: A rare opportunity to acquire a mixed-use investment site generating a potential income of over £31,000 per annum. The site comprises two refurbished flats to the front with a commercial lock up unit and parking to the rear. The unit and car parking would suit a range of businesses. The property is situated in a popular location on the Priory Road in Hall Green, Shirley.The accommodation is arranged as follows:Ground Floor Flat – Two bedroom refurbished flat with parking to the front. Currently Vacant with an estimated rent of £1000.00 per calendar month. First Floor Flat – Two bedroom refurbished flat with parking to the front. Currently Let on AST for £900.00 per calendar month.Unit to Rear – Lock up unit/workshop to the rear accessed through secure gates. Unit comprises approximately 67 sqm Gross Internal Area and provides a works space approximately 36.5 sqm with roller shutter door, a further door provides access into a kitchen area and two offices. The unit is currently let on a License for £700.00 per calendar month, however there is an option to have the unit as a vacant possession for potential owner occupiers. Parking to the rear includes a 10 x car spaces marked out in bays and further storage area.Purchase Price – Offers Over £500,000 (no VAT)Tenure - Freehold, subject to various leases.Viewing - Strictly by appointmentBrochuresPriory Road, Hall Green, BirminghamEnergy Performance CertificatesEE Rating
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