Summary
- Asking price:
-
£250,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Business closed / Asset sale:
- Yes
Business description
An excellent freehold shop property with the benefit of A2(office use)planninig consent and rental income from two first floor flats
Property information
- Property:
- Freehold
- Lease terms:
- Two flats on first floor presently let out on assured shorthold tenancies.
- Living accommodation:
- The living accommodation is presently divide into two fully self-contained flats with central heating and double glazing and are let out with an annual return of £9,300. pa.
- Location:
- Suburban location immediately accessible to A45 Birmingham to Coventry trunk road. 2 miles from the NEC and motorway connection to M42,M6,M5 and national network.
Other information
- Expansion potential:
- Ideally suitable for pension fund acquisition or private pension provision.
- Competition / Market:
- Very little freehold investment property presently available in this area.
- Reasons for selling:
- Dissolution of partnership compels sale.
- Financing available:
- Financial arrangements available subject to status.