Features and description

Freehold Investment Property
Village Location
Two Commercial Lets
One Residential let
£20,000 pa Income
Available With Vacant Possession
Suits Many Uses

Freehold Investment Property Located In Earlswood
Can Be Available With Vacant Possession
Residential Three bedroom Flat
Two Commercial Lets
Income £20,000 pa
Ref 2549

Location
This delightful link detached mixed use Investment Property is located on Umberslade Road, Earlswood. Located within a prominent and highly visible trading position on a busy cross roads where The Common (B4102) meets Umberslade Road, Shutt Lane and Valley Road. The frontage has a slip road which gives customer parking for (3) vehicles and property is next door to CO-OP Convenience Store and adjacent to The Reservoir Pubic House & Restaurant. Earlswood is a small and highly desirable village of Warwickshire and the charming Earlswood lakes are within a short walk.

Offers Over £395,000

Business Description
Veritas Business sales offer to the market a rare opportunity to purchase a mixed use Investment property which is located in the affluent village of Earlswood. To the front of the ground floor you have a retail flooring shop which is out of lease and holding over and producing a rent of £5,719.92pa. To the rear you have a hair salon with is also out of lease and holding over and producing a rent of £4,680 pa. To the first floor you have a three bedroom flat which produces a rental income of £9,600 pa. This has just become vacant and will stay empty to not hinder a sale.
We believe that this would suit the investment market or alternatively an owner operator as a retailer or takeaway subject to gaining the correct planning consent. This is a superb opportunity to purchase a well maintained property in desirable area and as such early viewing is highly recommended as this gem is not to be missed.

Ground Floor
Entrance door with hallway leading to the rear hair salon and entrance door leading to the first floor flat

Front retail showroom
Kitchen
W/C
Let for £5,719.92 pa
Rear hair salon
Kitchen
W/C
Let for £4,680 pa

First Floor
Open plan lounge/kitchen
Double bedroom
Double bedroom
Single bedroom
Family bathroom with bath, W/C, wash basin and separate shower enclosure
Rents for £9,600 pa

The property benefits from gas central heating with a combination boiler and UPVC double glazing
EPC Rating D

External Rear yard/garden

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Area statistics

Crime score

Low crime

0/10

About this agent

Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

Full profile Property listings

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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No longer on the market

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