Property description
The property is situated on the Alvechurch Rd between Northfield and West Heath with excellent transport links to central Birmingham and the M42 motorway.
The building is a traditional bay fronted shop on the ground floor which is currently let at a Hair Salon for a rent of £8,700 per annum + VAT on a 5 year lease expiring April 2016.
On the first floor is a separate self contained one bedroom flat in need of some modernisation which is currently let on an assured short hold tenancy which has now become a statutory periodic tenancy with a rent of £375 per calendar month. The flat is accessed by its own side entrance door via an internal staircase.
To the rear of the property is a garden which is mostly grass with a small area of hard standing. The premises have a combined GIA of approximately 872 sq ft (81 m2). EPC = E on shop and EPC = F on Flat
Property Features :
- Freehold Investment Opportunity
- Ground Floor shop
- Self contained flat
- Rental income �13,200
- �135,000 Freehold