9 and 9A High Street, Bromsgrove, B61 8AJ

Features

• FULLY LET INVESTMENT
• PROMINENT POSITION
• HAIRDRESSING SALON
• 2-BED FLAT ABOVE
• RENTAL INCOME £21,240 PER ANNUM
• FREEHOLD

LOCATION

The Property fronts onto High Street in the heart of Bromsgrove Town Centre. The Property sits within a well-established shopping parade. Occupiers in the vicinity include a range of local independents and national/regional operators Waitrose Supermarket, Wetherspoons, mfg Solicitors and WH Smith.

Bromsgrove benefits from good transport links, with the A38 providing ready access to the M42 and M5 Motorways, both being within 4 miles.

DESCRIPTION

The Property comprises a Ground Floor Hairdressing Salon, extending to approximately 700 sq ft (66 sq m). The Salon trades as Artize and is well-established and respected within the Town.

The self-contained 2-bedroom Flat to the two Upper Floors has recently been let and refurbished by the Landlord. The Gross Internal Area extends to approximately 1,221 sq ft (113 sq m).

ASKING PRICE

£265,000

TENURE

Freehold.

The Ground Floor is let on effective Full Repairing and Insuring Terms at a rent of £12,000 per annum. (Rateable Value - £9,100).

The flat is let on an Assured Shorthold Tenancy (AST) at a rent of £770 per calendar month (council Tax - Band B).

SERVICES

All mains services are connected.

EPC

9 High Street - TBC
9A High Street - Band E (44)

VIEWING

Strictly by appointment with our Office on 01527 584242