Freehold Investment Opportunity, 51 Alvechurch Road, West Heath, Birmingham, B31 3JW

The building is a traditional bay fronted shop on the ground floor which is currently let at a Hair Salon for a rent of £8,700 per annum + VAT on a 5 year lease expiring April 2016.
On the first floor is a separate self contained one bedroom flat in need of some modernisation which is currently let on an  assured short hold tenancy which has now become a statutory periodic tenancy with a rent of £375 per calendar month. The flat is accessed by its own side entrance door via a internal staircase.
To the rear of the property is a garden which is mostly glass with a small area of hard standing.

Location

The property is situated on the Alvechurch Rd between Northfield and West Heath with excellent transport links to central   Birmingham and the M42 motorway.

Accommodation

Total 872 sq ft 81 m2 GIA approximately

Terms

Freehold – A copy of the lease and tenancy agreement is available from the agent’s office in paper or PDF format upon request.
All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate.

Specification

• Freehold Investment Opportunity
• Ground Floor shop
• Self contained flat
• Rental income £13,200
• £135,000 Freehold
   
• Shop EPC Rating: E
• Flat EPC Rating: F