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***INVESTMENT OPPORTUNITY***Midland Housing Ltd are proud to present this lock up shop located on Kitts Green Road area of Birmingham. This is a refurbished and modernised lock up shop and has a two bedroom flat above. There are parking spaces outside the shop. The shop is located in a busy main shopping parade on Kitts Green Road in Kitts Green. The shop is approx 1200 sq ft if not larger and has a great deal of amenities. The business has excellent opportunity to progress on return. The shop and flat combined are currently achieving approx £1150 PCM. To arrange a viewing contact a member of staff on 0121 773 5500!!
Commercial Information • Lock Up Shop • Sizes approx 1200 sq ft • Located on busy road • Running Business • A3 and A5 already in place
Key Features • Ground floor shop • 2 bedroom top floor flat • Parking available on the street directly outside • Electric Shutters • Great Potential • Refurbished/Modernised
Location - The property is situated on Kitts Green Road, Kitts Green in a mixed business and residential location approached from the main Chester road A452 and Coventry Road A45, which is easily accessible from M6 and M42 on the motorway. It is located South East to the Birmingham City Centre in an established location. It is placed ideally for all communications in the local area. There is alot of local businesses and residential homes within walking distance proving to be an excellent location for lunch time and late night trade.
Rents and Rates
Freehold Price: £299,995 (O.I.R.O)
Ground floor shop currently being let out at - £8000 Per Annum (13 year lease remaining)
2 bedroom top floor flat currently being let out for £6000 Per Annum
Planning - The property is considered suitable for A3 and A5. 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. There is massive scope for increased profits.
Tenure - Freehold property for sale.
Viewings Available immediately upon request call now on 0121 773 5500