£499,950
Retail premises for saleCoventry Road, Small Heath, Birmingham B10
Under offer
Freehold
About this property
Freehold Commercial Investment For Sale – 604 Coventry Road, Birmingham, B10 0US
Long-Term Tenant | Approximately £20,000 Per Annum Rental Income | Approx. 85 sq m
BlackStone Properties are pleased to offer for sale this substantial commercial investment opportunity situated on Coventry Road, Birmingham, B10 0US
The property is currently let to a long-term tenant, producing an annual rental income of approximately £20,000, providing an attractive opportunity for investors seeking an established income-producing commercial property.
The premises extend to approximately 85 sq m in total and are arranged over two floors. The ground floor currently comprises a large takeaway premises, while the first floor provides a substantial amount of additional accommodation and storage.
Property Accommodation
Ground Floor
First Floor
The first-floor accommodation provides considerable additional space and, subject to the necessary planning and statutory consents, could offer potential for alternative uses. In a residential configuration, the accommodation could broadly lend itself to a three-bedroom flat with separate living room, kitchen and bathroom Prospective purchasers should make their own enquiries with the relevant authorities regarding any proposed change of use.
Investment Highlights
Commercial property continues to offer investors an alternative to traditional residential property, with income-producing premises, established commercial occupiers and potential for future rental growth all contributing to the appeal of this type of investment.
The property also provides an opportunity to acquire the whole commercial premises rather than simply purchasing a residential investment, potentially offering greater flexibility for an investor looking to build or diversify a property portfolio.
With property values having experienced significant growth over recent years, strategically located commercial property can provide both rental income and longer-term capital growth potential Furthermore, well-located commercial premises can command strong tenant demand, while certain commercial properties may also benefit from established businesses paying goodwill or premium values for suitable trading locations.
This property therefore represents an opportunity to acquire an established income-producing commercial asset with additional space and future potential, subject to the relevant planning and statutory requirements.
EPC: To follow.
Viewings: Strictly by appointment through BlackStone Properties
For further information, tenancy details or to arrange a viewing, please contact BlackStone Properties.
Long-Term Tenant | Approximately £20,000 Per Annum Rental Income | Approx. 85 sq m
BlackStone Properties are pleased to offer for sale this substantial commercial investment opportunity situated on Coventry Road, Birmingham, B10 0US
The property is currently let to a long-term tenant, producing an annual rental income of approximately £20,000, providing an attractive opportunity for investors seeking an established income-producing commercial property.
The premises extend to approximately 85 sq m in total and are arranged over two floors. The ground floor currently comprises a large takeaway premises, while the first floor provides a substantial amount of additional accommodation and storage.
Property Accommodation
Ground Floor
Large takeaway/commercial space
Suitable for the existing business use
Prominent commercial premises
First Floor
4 rooms
2 additional storage rooms
Separate kitchen and bathroom facilities
The first-floor accommodation provides considerable additional space and, subject to the necessary planning and statutory consents, could offer potential for alternative uses. In a residential configuration, the accommodation could broadly lend itself to a three-bedroom flat with separate living room, kitchen and bathroom Prospective purchasers should make their own enquiries with the relevant authorities regarding any proposed change of use.
Investment Highlights
Long-term commercial tenant in occupation
Current rental income of approximately £20,000 per annum
Approximately 85 sq m total accommodation
Two-storey commercial property
Established takeaway premises
Significant additional first-floor accommodation
Potential for future enhancement, subject to the necessary consents
Situated on Coventry Road, Birmingham
Attractive proposition for both existing and new commercial investors
Commercial property continues to offer investors an alternative to traditional residential property, with income-producing premises, established commercial occupiers and potential for future rental growth all contributing to the appeal of this type of investment.
The property also provides an opportunity to acquire the whole commercial premises rather than simply purchasing a residential investment, potentially offering greater flexibility for an investor looking to build or diversify a property portfolio.
With property values having experienced significant growth over recent years, strategically located commercial property can provide both rental income and longer-term capital growth potential Furthermore, well-located commercial premises can command strong tenant demand, while certain commercial properties may also benefit from established businesses paying goodwill or premium values for suitable trading locations.
This property therefore represents an opportunity to acquire an established income-producing commercial asset with additional space and future potential, subject to the relevant planning and statutory requirements.
EPC: To follow.
Viewings: Strictly by appointment through BlackStone Properties
For further information, tenancy details or to arrange a viewing, please contact BlackStone Properties.
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