3 Bedroom Detached for sale

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