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570 Bristol Rd 879 sq ft 100% Let Retail Property Birmingham B29 6BE £550,000 (£625.71/sq ft)
INVESTMENT HIGHLIGHTS
- Mixed Use Opportunity
- One Bedroom Flat
- £44,027.00 per annum rental income
- Call Oakmans Today
- A3 Usage
- Flat Currently Tenanted
- Fantastic Investment
EXECUTIVE SUMMARY
A rare opportunity to acquire a mixed use commercial/residential property with development opportunity, set in the heart of Selly Oak.
Selly Oak is a prime student area with a vast amount of footfall making this an ideal purchase for an investor.
The property benefits from a spacious ground floor commercial unit with A3 usage, used as a hot food takeaway. The second floor offers a one bedroom mezzanine apartment which is currently let.
The current rental income is £44,027.00 per annum
Please be advised that the seller appointed an Architect to carry out the drawings for a proposed future planning permission. Please note that Planning Permission has not been granted and the plans are for information purposes only.
Call Oakmans today to arrange your viewing!
Approach -
Selly Oak is a prime student area with a vast amount of footfall making this an ideal purchase for an investor.
The property benefits from a spacious ground floor commercial unit with A3 usage, used as a hot food takeaway. The second floor offers a one bedroom mezzanine apartment which is currently let.
The current rental income is £44,027.00 per annum
Please be advised that the seller appointed an Architect to carry out the drawings for a proposed future planning permission. Please note that Planning Permission has not been granted and the plans are for information purposes only.
Call Oakmans today to arrange your viewing!
Approach -
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
879 sq ft
Year Built
1920
Price
£550,000
Price per sq ft
£625.71
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Frontage
14 ft on Bristol Rd
AMENITIES
- Bus Route
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Chicken.com
- -
- 1,673 sq ft
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Chicken.com | - | 1,673 sq ft | - | - |
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NEARBY MAJOR RETAILERS
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Oakmans Estate Agents Limited
570 Bristol Rd
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