TOTAL RENTAL INCOME £32,800
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (vendor) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £14,200 p.a.
IN ADDITION, the 2 flats have been refurbished and are rented out for £750 and £800 per month on shorthold tenancy agreements.
SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,275 ft² with tiled floor, suspended ceiling with fluorescent lighting
2 Stockrooms
Office
LOCATION: Situated in a parade, residential area, BIRMINGHAM
ACCOMMODATION: YES, accommodation is included, you must click the 'Contact Broker' button for additional details.
PRICE: THE VALUABLE LONG LEASEHOLD PROPERTY, £300,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, ACCOMMODATION DETAILS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON
