Property description
Midland Housing Ltd is proud to present this very well established business and investment property located on the Westley Road of Acocks Green in Birmingham. The shop itself is a single fronted known as Bargain Buys Shop. The business is available for purchase immediately and will suit any investor or new-comer looking to make a quick profit. It is located on a busy road just off the main Warwick Road and Acocks Green Village. The shop is approx 600 sq ft and has storage, w/c, and a small office to the rear. There is also planning perssion approval of making a flat on the first floor above the property which could make a monthly income of £400 - £450. The business has excellent opportunity to progress on return as it is. It would be an ideal location with great potential to open an office, boutique or single trade store also which will have a regular customer base as well as excellent scope for profit. To arrange a viewing contact a member of staff on 0121 773 5500!!
Commercial Information
• Runni as Bargain Buys –Well Established
• Size appro6 500 sq ft (for shop only)
• Located on busy road
•Potential one bedroom flats on first floor
• Massive scope for increased profits
• Business rates relief applicable
• Fixtures and fittings included in sale price.
• Excellent sale package available – Building to be sold as it is
Key Features
• Ground floor shop
• Potential one bedroom flats above
• Parking available on the road
• Current income of more than800PCM from rent alone
• Great Potential and scope for profit
Location
The property is situated on the Westley Road, Acocks Green in a mixed business and residential location approached from the main Warwick Road (A41), which is easily accessible from M6, M5 and M42 on the motorway. It is located south to the Birmingham City Centre in an established location. It is placed ideally for all communications in the local area. There are a lot of local businesses and residential homes within walking distance proving to be an excellent location for passing by trade as well as a great potential to be the local store. It is located just off the Warwick Road and leans off the Shirley Road. An ideal location for residential living which is why a potential flat on the first floor would not have any trouble to rent out.
Rents and Rates
Price is £79,950
Has great scope for profitable income.
Planning
All interested parties are to make their own specific enquiries directly with the Local Planning Authority as to their intended use.
There is a great deal of potential in the property and can be used for many trades..
Tenure
Freehold property for sale
Investment property – immediate income
Viewings
Available immediately upon request – call now on 0121 773 5500
Property Features :
- Running as Bargain Buys Shop
- 3 Year Lease Remaining
- £823PCM current rent from Tenants
- Shop has Planning Approved for flat on First Floor
- Great Location in the Village
- Excellent Transport Links
- Just off the Main High Street
- Approx 600SQ FT