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A freehold mixed-use investment in Redditch is offered at £575,000, subject to contract, with three retail units and three flats producing total rental income of £39,900 per annum.
The property combines approximately 3,325 sq ft of accommodation across three floors, near local retail amenities and connections towards Birmingham and the M42.
Contact the agent to discuss your requirements, request further particulars or arrange a viewing.
Freehold
The commercial accommodation is let on a full repairing and insuring basis, with the flats held on assured shorthold tenancies. Total rental income is £39,900 per annum. The property is not elected for VAT.
Three self-contained flats occupy the first and second floors.
The property is in Redditch, close to local shops and Trafford Retail Park. Redditch Railway Station is approximately one mile away. Birmingham City Centre is approximately 15 miles north, with access towards the M42 via the A441 or A435.
The three-storey, brick-built property has a pitched tiled roof. Three self-contained retail units occupy the ground floor, with three self-contained flats on the first and second floors. Combined internal accommodation is approximately 3,325 sq ft (309 sq m).
