Investment Property in Birmingham For Sale

Detached property, excellent trading position, residential and commercial area, BIRMINGHAM.

Price £510,000

Features

Investment Property - Trading As An Indian Restaurant

WE HAVE BEEN INFORMED BY THE LANDLORD that the premises are held on a SECURE RENEWABLE lease granted for 15 years in 2012 with reviews every 3 years (next review November 2027) at a current rent of £28,400 p.a.

DOUBLE FRONTED PREMISES, in the region of 1,400 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, syspended ceiling with poendant and spot lights.

Seating area with Bar.

Kitchen.

Toilets.

Store room.

No parking restrictions. Free Public Car Park nearby.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING comprises:

4 rooms comprising 2 double bedrooms, 2 single bedrooms
Bathroom with bath, w.c. and wash hand basin

Outside

Courtyard to rear.

Driveway with parking space for 4 cars

Tenure

FREEHOLD

Price

TO INCLUDE THE VALUABLE FREEHOLD INVESTMENT PROPERTY, £510,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 357,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote