129 New Road, Rednal, Birmingham, B45 9HY

Features

• Investment Opportunity
• Prominent Position
• Self-Contained Flat Above
• £15,000 Annual Rent
• Shop Let on New 6yr Lease
• Fast Food Use

Location

Rubery is a popular town, situated approximately 10 miles south-west of Birmingham City Centre. Redditch Town Centre is approximately 8 miles to the south-east.

The Property is situated in a prominent position within a Parade of predominantly local retailers within the centre of Cotteridge.

Major occupiers in close proximity include Co-op Food, Subway, Dominos, Farmfoods and Tesco.

Description

This property comprises a mid-terrace, two-storey Property, with a Fast Food Takeaway to the Ground Floor and a self-contained, one-bedroom Flat to the First Floor.

Internally, the Ground Floor is reasonably well specified, with tiled floors, LED lighting and Tenant's fixtures and fittings in relation to fast food sales and cooking.

Heating is provided by way of Maine gas-fired boiler for the First Floor Flat.

The total Gross Internal Area (GIA) extends to approximately 1,198 sq ft (111 sq m). The Ground Floor is 730 sq ft and the First Floor is 468 sq ft.

Externally, there is a hard-surfaced Forecourt, providing off-street parking to the front, with a small Garden to the rear.

Purchase Price

£225,000

Lease

Let for 6 years to from 15/6/22 at £15,000 pa

Services

All mains services are available.

EPC

TBC

Legal Fees

Each party to pay their own costs.

Viewing

Strictly by appointment with our Office - 01527 584 242.