tagline
Call Us Now: 0121 773 5500
contact us button

Price: £395,000 Price Guide

Address: Belchers Lane, Alum Rock B8 3EU

Property Type: Investment Property

Description:

***CALLING ALL INVESTORS***COMMERCIAL FREEHOLD FOR SALE***BELCHERS LANE***FIVE SMALL RETAIL SHOPS**IN HOUSE PLAZA STYLE***2 X TWO BEDROOM FLATS***GOOD INVESTMENT OPPORTUNITY***GREAT POTENTIAL***LOCATED ON BUSY PARADE***CLOSE TO ALL AMENITIES***CURRENT INCOME £38000 PER ANNUM APPROXIMATELY**MUST VIEW***DO NOT MISS OUT!**

Midland Housing Ltd are proud to present this in house plaza style commercial plot for sale. The property is located just off the main Alum Rock Road of Birmingham. There are five retail shops in total, all which are currently let out. The property also has two x 2 bedroom flats available on the first floor which are also currently been let out aswell. The shops are currently been let as: hair dressers, mobile phone shop, nail salon, hijama clinic and a beauty salon. The shops are all glass fronted with window space for displays. There are parking spaces outside the shops and a rear access for stock in. The property is located on a busy parade on the main Alum Rock Road, Pehlam. The property also consists of communal w/c, and a small kitchen to the rear. There are a few famous restaurants and many well known stores nearby so brings in trade from around the nation. The shops also have a regular customer base and there is massive scope for increased profits.

Commercial Information

5 x In Front Shops. 

Size approx 150 - 200 sq ft each

2 x 2 Bedroom First Floor Flats. 

Located on busy parade 

Parking Facility Available

Great Investment Opportunity

Key Features

Ground floor in shops

Flats on the first floor

Parking available on the street directly outside

Also has a Kitchen and W.C 

Great Potential

Glass Fronted

Rear Garden that has potential to build a small office

Location

The property is situated on the Alum Rock Road, Pehlam in a mixed business and residential location approached from the main Alum Rock Road, Washwood Heath Road and the A4040, which is easily accessible from M6, M5 and M42 on the motorway. It is located east to the Birmingham City Centre in an established location. It is placed ideally for all communications in the local area. There are a lot of local businesses and residential homes within walking distance proving to be an excellent location for passing by trade as well as a great potential to be the local in shops. It is located just off the Alum Rock Road and leans off the main Washwood Heath Road also.

Rents and Rates

4 x Shops being let out at £400

1 x Shop being let out at £500.

The 2 x 2 bedroom flats each are currently being let out for £500pcm Each

Planning

The property is considered suitable for A1 and A2. 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

Map:

 

TOP ^