Substantial Investment Property in West Midlands
- £400,000
Substantial Investment Property in West Midlands
- £400,000
Overview
- Business, Commercial Properties, Investment Properties
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.
Details
Updated on February 16, 2025 at 8:06 pm-
Price £400,000
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Property Type Business, Commercial Properties, Investment Properties
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Property Status For Sale
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Tagline Investment Properties
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