Freehold Investment Property Located In Bromsgrove Town Centre

Bromsgrove
£450,000
Business ID:
#2929
£450,000
  • Ref: 2929
  • Type: Investment Property
  • Availability: Sold
  • Veritas Categories: Commercial Property, Investment
  • Business ID: 2929
  • Commercial Tenure: Freehold
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Property Features

  • Freehold Investment Property
  • Tenanted
  • Income £40,000 pa (8.9% Return)
  • New 10 Year Lease In Place

Full Details

Freehold Investment Property Located In Bromsgrove Town Centre
Ref 2929

Location
This Freehold Investment Property is located in the market town of Bromsgrove, Worcestershire. Situated within a prominent and highly visible trading position on Worcester Road within the busy town centre. The town is host to an array of large retailers to include HSBC bank, Poundland, Costa Coffee, Boots, Asda supermarket and Superdrug to name but a few. All of which bring high levels of footfall to the area. Bromsgrove is situated approximately (13 miles) south west of Birmingham and (12 miles) north of Worcester. The Town Centre has excellent transportation links with Junction 1 of the M42 and Junctions 4 and 5 of the M5 motorway being within 4 miles.

Freehold Asking Price: £450,000

New 10 year lease
Rental Income: £40,000 pa

Ground Floor
Entrance door with stairs leading to the first floor.

First Floor
Reception & cloakroom.
Office.
Storeroom.
Staff toilets.
Bar.
Washroom.
Upper level
Washroom.
Beer cellar.
Storage cupboard/bottle bar.
Balcony seating area.

Second Floor
Bar/function room.
Ladies toilets.
Gents toilets.
Washroom.
External smoking area.

EPC Rating D