London Properties are pleased to offer to the market a very rare opportunity to acquire a freehold investment shop and flat currently let out at £26,700 per annum & potential to build another flat subject to planning permission could take income to £31,800 situated in the heart of Erdington, Birmingham within walking distance to Erdington Railway Station. The shop is rented out on a lease & achieves £6,300 per annum & the flats are rented out on AST & achieving £20,400 per annum & currently let out to dss tenants on minimum local housing allowances rate & potential to increase or to let out to professionals. The uses is A1/A2, tenure is Freehold, legal cost each party to bear their own legal cost & the local authority is Birmingham BRMA. Internal viewings are highly recommended through London Properties by appointment only.
Location
London Properties are pleased to offer to the market a very rare opportunity to acquire a freehold investment shop and flat currently let out at £26,700 per annum & potential to build another flat subject to planning permission could take income to £31,800 situated in the heart of Erdington, Birmingham within walking distance to Erdington Railway Station. The shop is rented out on a lease & achieves £6,300 per annum & the flats are rented out on AST & achieving £20,400 per annum & currently let out to dss tenants on minimum local housing allowances rate & potential to increase or to let out to professionals. The uses is A1/A2, tenure is Freehold, legal cost each party to bear their own legal cost & the local authority is Birmingham BRMA. Internal viewings are highly recommended through London Properties by appointment only.
Accommodation
4 x Studio Flats
Terms
Freehold
Specification
London Properties are pleased to offer to the market a very rare opportunity to acquire a freehold investment shop and flat currently let out at £26,700 per annum & potential to build another flat subject to planning permission could take income to £31,800 situated in the heart of Erdington, Birmingham within walking distance to Erdington Railway Station. The shop is rented out on a lease & achieves £6,300 per annum & the flats are rented out on AST & achieving £20,400 per annum & currently let out to dss tenants on minimum local housing allowances rate & potential to increase or to let out to professionals. The uses is A1/A2, tenure is Freehold, legal cost each party to bear their own legal cost & the local authority is Birmingham BRMA. Internal viewings are highly recommended through London Properties by appointment only.