£550,000
Land for saleHighfield Road, Hall Green, Birmingham B28
About this property
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
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
Mortgage calculator
Monthly repayment
£2,751 per month
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