Features and description

Freehold Investment Property
Rental Income £48,000 (8.7%) ROI

Freehold Investment Property Located In Hall Green, Birmingham
Rental Income £48,000 pa (8.7%) ROI
Ref 3152

Asking Price £550,000

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

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Area statistics

Crime score

Low crime

3/10

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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