Freehold Investment Property, Highfield Road, Birmingham, B28 0EL
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Freehold Investment Property
- Freehold Investment Property
- Rental Income £48,000 (9.6%) ROI
- Rental Income £48,000 (9.6%) ROI
Description
Rental Income £48,000 pa (9.6%) ROI
Ref 3152
Asking Price £500,000
Location
Veritas Business Sales offer to the market this Investment Property which is located in Hall Green, Birmingham. Situated within a prominent and highly visible trading position on a small parade of shops where Highfield Road meets the very busy (A34) Stratford Road. Adjacent you have The Bull's Head public house and close by is Waitrose Supermarket and Aldi Supermarket both of which bring high levels of passing footfall to the area. Hall Green is well serviced by public transport and is densely populated with residential properties. Birmingham City Centre is (6 miles) away and Solihull Town centre just (3 miles).
Business Description
Veritas Business sales offer to the market this Freehold Investment Property which is located in Hall Green. The ground floor comprises of a restaurant. On the first floor you have a one bedroom flat and on the second floor you have a one bedroom flat. The FRI lease was signed on 31st May 2023 for a term of 15 years. Current rental income of £48,000 pa with a RPI rent review due in 2028 and 3 yearly reviews thereafter.
We believe that this is a great investment opportunity and as such early viewing is highly recommended.
Ground Floor
Restaurant
Customer toilets
Kitchen
Dry stores
Storeroom
Hallway
Staff W/C
Self contained rear door with hallway and stairs leading to the accommodation above.
Commercial EPC Rating B
External
Frontage with pergola restaurant. Rear yard with covered bin store and parking for (1).
First Floor
Lounge/kitchen. W/C with wash basin. Hallway with storage cupboard. Single bedroom with shower. Stairs leading to the second floor.
Second Floor
Double bedroom. Lounge/kitchen. Bathroom with bath and electric over bath, W/C and wash basin.
Domestic EPC rating D
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Freehold Investment Property, Highfield Road, Birmingham, B28 0EL
About VERITAS BUSINESS SALES LTD, Midlands
Veritas Business sales boasts over 15 years’ experience in Business sales, Acquisitions, and Commercial property sales. Whether you are selling a coffee shop in the Midlands, Public house in Wales or a Hotel in Cornwall we can help you with your exit strategy. We have a network of Consultants across the UK so choosing an agent that understands your business and the benefits of its location, means we can strategically present your concern to a focused audience.
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Disclaimer - Property reference 3152. 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 VERITAS BUSINESS SALES LTD, Midlands. 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.