Freehold Development Site For Sale

Business description

Advent Business Sales is delighted to have been given the opportunity to offer to the market this superb group of properties which is ideally suited to a development opportunity.

The premises are currently used as a 26 bedroom hotel. All the rooms have en suite facilities as well as all the usual amenities associated with such a popular and upmarket area.

Next door to the hotel is a large detached house, which is also included in the sale.

The total plot area we are informed is approximately 0.9 acre.

There is currently parking for approximately 40 cars on site, all designated spots.

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Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: TBC

Living accommodation:

BUSINESS PREMISES The site is offered subject to the new owners obtaining planning consent, which would make an extremely lucrative development opportunity for a discerning buyer.

Location:

Our clients are located in what is considered to be an extremely affluent area of Birmingham with average property prices currently well above the National average.

Residential development in this suburb is highly sought after with few opportunities available, as demand outstrips supply enormously.

There are two popular golf clubs as well as a park within a short walking distance.

The NEC and Birmingham Airport are both approximately 13 miles away

Other information

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars