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Substantial Investment Property in West Midlands
  • £400,000

Overview

  • Business, Commercial Properties, Investment Properties
  • Property Type

Description

Nationwide welcomes to the market this LONG LEASEHOLD INVESTMENT (shop and 2 flats). Situated in a parade, residential area, BIRMINGHAM.

TOTAL RENTAL INCOME £29,800

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (vendor) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £14,200 p.a.

IN ADDITION the 2 flats are rented out for £650 per month and a shorthold tenancy agreement.

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Details

Updated on February 16, 2025 at 8:06 pm
  • Price £400,000
  • Property Type Business, Commercial Properties, Investment Properties
  • Property Status For Sale
  • Tagline Investment Properties

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