2 bedroom mixed use for sale

Highfield Road, Birmingham, B28

£240,000

Property Description

Commercial information

  • Use class orders: A1 Shops

Key features

  • Mixed Use - Balanced Risk Portfolio
  • Fixed Long term Income Income Through Telecommunication Mast
  • Fully Tenanted
  • High % Return on Investment

Full description

An end terraced property of brick construction in the middle of A Busy Shopping Parade surmounted by a tiled roof set back from the Highfield road situated opposite and less than 50m from Yardley Wood Train station.

The property consists of a ground floor Hair salon, Two separate self-contained One bedroom flats located to the first and second floors, accessed from the separately from the rear on the ground floor. The Hair salon will be sold with tenant on a FRI Lease due to expire on the 02/07/2018 at a passing rent of 9,000per annum. Both flats are currently let on an Assured Shorthold Tenancy producing a rental of 450 pcm and 340 pcm respectively (9,480 per annum).

We understand that the in addition to the above the freeholder of this property also benefits from a telecommunication mast Lease with 14yrs remaining at a fixed rent income of 4,000pa

Therefore the total income per annum currently passing is 22,480per annum



Accommodation:
Ground Floor (see attached floor plan)
Max depth 18.25m ( 59'11") Max width 4.95m (16'3")
Hair Salon, Retail area 43.51 sq.mtrs, (468sqft) Expandable to 47.27 sq.mtrs (509sqft) if partitions removed Room1 3.76 sq.mtrs,(41sqft) Room 2 6.21sq.mtrs ( Corridor ancillary storage at rear with WC and wash basin 13.29 sq.mtrs (143sqft)
First Floor
1 Bed Residential Flat accessed Separately By rear 34 mtrs.sq (366sq ft)

Second Floor
1 Bed Residential Flat accessed Separately By rear 50 mtrs sq (538sq ft)
Viewings
By Appointment Only David Coleman & Co - Sean Holmes 012 655 0998


Energy Performance Certificates (EPCs)

Nearest stations

  • Yardley Wood (0.1 mi)
  • Hall Green (1.1 mi)
  • Shirley (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DAVID COLEMAN & COMPANY, Birmingham

First Floor Rear 1882 Pershore Road, Kings Norton, Birmingham, B30 3AS

0121 396 0987 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

View in fullscreen
Master Floorplan Image
Master Floorplan Image

To view this property or request more details, contact:

DAVID COLEMAN & COMPANY, Birmingham

First Floor Rear 1882 Pershore Road, Kings Norton, Birmingham, B30 3AS

0121 396 0987 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Yardley Wood (0.1 mi)
  • Hall Green (1.1 mi)
  • Shirley (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DAVID COLEMAN & COMPANY, Birmingham

First Floor Rear 1882 Pershore Road, Kings Norton, Birmingham, B30 3AS

0121 396 0987 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 309Highfield. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DAVID COLEMAN & COMPANY, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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