Property description
Midland Housing Ltd are proud to present this commercial investment opportunity located on the main Ladypool Road of Birmingham. A lock up shop and flat above. The shop has potential to open as a clothing or jewellery boutique or trading office ie: money exchange, travel agent, it is a very busy road. The shop is single fronted with window space for displays and is available immediately. The shop has A1 and A2 planning. There are parking spaces outside the shop and a rear access for stock in. The shop is located upon the busy shopping parade. The property is approx 600 sq ft if not larger and has its own w/c, and a small kitchen to the rear. There are a few famous restaurants and many well known stores nearby so brings in trade from around the nation. To arrange a viewing contact a member of staff on 0121 773 5500!!
Commercial Information · Lock Up Shop
· Sizes approx 600 sq ft
· Located on busy parade
·
Massive scope for increased profits ·
Business rates relief applicable ·
A1 and A2 already in place ·
Flat above ·
Potential rental income of over £1150pcm Key Features · Ground floor shop and first floor flat
· Parking available on the street directly outside
· Flexible lease terms available
· Also has a Kitchen and W.C at rear of shop
· Great Potential
· Single Front
Location The property is situated on the Ladypool Road, Balsall Heath in a mixed business and residential location approached from the main Stratford Road (A34), Alcester Road South/Moseley Road (A435), 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 upon the all famous Balti Triangle. 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 convenience store. It is located just off the Stratford Road and leans off the main Highgate Road also.
Price and Rates Free Hold: £185,000 O.N.O
Potential Rental Price – Shop: £650pcm
Potential Rental Price – Flat: £500pcm
Planning The property is considered suitable for A1 and A2. 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. The previous business was a lighting shop which had excellent displays in the fantastic window space. There is a massive scope for increased profits by opening as a boutique, office or jewellery store – these options match the current business. You can also use the premises as a convenience store, off licence, take away or bakery. Tenure Freehold purchase Viewings Available immediately upon request – call now on 0121 773 5500
Property Features :
- Lock Up Shop
- Size approx 600sq ft
- Security Shutters
- Parking directly outside
- Kitchen and w.c towards rear
- Single Fronted
- Flat above
- Main Road location