Freehold Investment Property Located In Birmingham

Freehold Investment Property For sale
1827a Pershore Road, Kings Norton, Birmingham, B30 3DL
Rental Income £19,213.48 pa (9.6%) Return On Investment (No Outgoings)

Ref 2163

Location
This delightful single story Investment Property complex is set back from the main (A441) Pershore road between Kings Norton and Cotteridge. Located within a highly visible and prominent location next to a bus stop and is surrounded by commercial, retail and residential properties.

Asking Price: £199,950

Unit 1 self contained
Comprising: office/reception, kitchen, W/C, workshop with roller shutter to work canopy
Original Lease term: 12 years from October 2017
Rental income: £7,280 pa
Reviewed: 3 yearly

Unit 2 self contained
Comprising: workshop, kitchen and W/C
Rental income: £3,380 pa
Reviewed: annually

Unit 3
Comprising: workshop with side storage unit via unit 4. Original Lease term: 12 years from October 2017 Rental income: £2,600 pa Reviewed: 3 yearly

Kitchen and W/C shared by units 3&4

Unit 4 self contained
Comprising: showroom, workshop, office / kitchen, W/C. Roller shutter to storage area
Original lease term: 12 years from October 2017 Rental income: £5,953.48 pa
Reviewed: 3 yearly

External
The property benefits from security gates and a yard area to the frontage.