Agent details
This property is listed with:
Midland Housing Lettings
81 Stoney Lane, Balsall Heath, Birmingham, West Midlands
- Telephone:
- 0121 773 5500
Full Details for 3 Bedroom Detached for sale in Birmingham, B14 :
Midland Housing Ltd is proud to present this very well established business and investment property located on the very busy Kings heath High Street in Birmingham. The shop itself is a single fronted light shop with a 3 Bedroom flat above, both parts are already occupied and bring in a monthly rental income of over £1000. This investment opportunity is available for purchase immediately and will suit any investor or new-comer looking to make a quick profit. It is located on a busy main road in a very mixed commercial and residential location. The shop is approx 500 sq ft and has storage, w/c, and a small office to the rear. There is a three bedroom flat located above the property making a monthly income of £500 at present. To arrange a viewing contact a member of staff on 0121 773 5500!!
Commercial Information
•Lights Shop – Well Established (Already running)
•Size approx 500 sq ft (for shop only)
•Located on busy road
•A 3 bedroom self contained flat above (already rented)
•Massive scope for increased profits
•Business rates relief applicable
•Fixtures and fittings included in sale price.
•Excellent sale package available – Building to be sold as it is
Key Features
• Ground floor shop
•3 bedroom flat above
•Parking available on the road
• Current income of more than £1000PCM from rent alone
•Great Potential and scope for profit
Location
The property is situated on the main High Street of Kings heath in a mixed business and residential location approached from the main Stratford Road (A34), which is easily accessible from M6, M5 and M42 on the motorway. It is located south to the Birmingham City Centre in an established location. It is placed ideally for all communications in the local area. There are a lot of local businesses and residential homes within walking distance proving to be an excellent location for passing by trade as well as a great potential to be the local store. It is an ideal location for residential living which is why these flats have never been any trouble to rent out.
Rents and Rates
Price is £320,000
Has great scope for profitable income.
Planning
All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use.
There is a great deal of potential in the property and can be used for many trades..
Tenure
Freehold property for sale
Investment property – immediate income
Viewings
Available immediately upon request – call now on 0121 773 5500
Static Map
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House Prices for houses sold in B14 7BB
Stations Nearby
- Selly Oak
- 1.9 miles
- Bournville
- 1.6 miles
- Yardley Wood
- 2.0 miles
Schools Nearby
- The Priory School
- 1.9 miles
- Uffculme School
- 0.2 miles
- St Paul's
- 1.3 miles
- St Dunstan's Catholic Primary School
- 0.4 miles
- King David Junior and Infant School
- 0.5 miles
- Kings Heath Primary School
- 0.1 miles
- Fox Hollies School and Performing Arts College
- 0.2 miles
- Queensbridge School
- 0.2 miles
- Bishop Challoner Catholic College
- 0.3 miles