Property for sale in Alvechurch Road Northfield Birmingham B31

Sale Price: £135,000

Alvechurch Road Birmingham, B31 3JW

Property
-- Bed(s)
-- Bath(s)
Not Available Anymore

 20 Rother Street, Stratford Upon Avon, Warwickshire
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Street Address

Alvechurch Road Birmingham, B31 3JW

Property description

The property is situated on the Alvechurch Rd between Northfield and West Heath with excellent transport links to central Birmingham and the M42 motorway.
The building is a traditional bay fronted shop on the ground floor which is currently let at a Hair Salon for a rent of £8,700 per annum + VAT on a 5 year lease expiring April 2016.

On the first floor is a separate self contained one bedroom flat in need of some modernisation which is currently let on an assured short hold tenancy which has now become a statutory periodic tenancy with a rent of £375 per calendar month. The flat is accessed by its own side entrance door via an internal staircase.

To the rear of the property is a garden which is mostly grass with a small area of hard standing. The premises have a combined GIA of approximately 872 sq ft (81 m2). EPC = E on shop and EPC = F on Flat

Property Features :

  • Freehold Investment Opportunity
  • Ground Floor shop
  • Self contained flat
  • Rental income �13,200
  • �135,000 Freehold
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