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Great Opportunity To Acquire This Plot Of Land For Sale

Quarry Bank, West Midlands, UK
Asking Price:
£620,000
Turnover:
£400,000
Net Profit:
Available on request

The plot currently has a large Butchers business on the high street, with a two bed apartment above and 880 sq mtrs to build another five to six new apartments with private parking.
Planning permission applied for and awaiting final approval.
The land currently has a large butchers with three apartments above the business with large plot of land to the rear. The current business on the site is entered from the high street and consists of the large shop at the front, with large prep area to the rear with additional storage area. This business could be either leased or developed in to further apartments.
The land to the rear can be reached on foot via an alleyway at the side of the shop or by car via the next street.
The current turnover for the butchers is around £400k and could have a rental value of £1500 PCM and each apartment which could be eight or nine in total could have a rental value of between £750 to £850 each PCM.

Property Information

Property:

Freehold

Lease Terms:

Freehold