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Raddlebarn Road, Selly Oak

For Sale

 | 1,063 Sq Ft

£250,000
  • Overview
  • Map
Property Features
  • Let on long lease
  • Rental income of £16,200 pa
  • No break clause in lease
  • Established student area
  • Busy shopping parade
  • Benefit of rear access
Property Description

Freehold Retail Investment Let on Lease Expiring November 2040 with NO BREAK OPTION

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Full Details

Situated in busy shopping parade within the popular Birmingham suburb of Selly Oak, close to Birmingham University. The property is let on a 30 year lease from November 2010 at a passing rental of £16,200 pa, with 3 yearly rent reviews. It is currently configured as a hair and beauty salon with additional treatment rooms on the upper floor and rear access for deliveries. Total NIA 1063 sq ft

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract and are produced in good faith and set out as a general guide only. The intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No employee of Centrick Property (and their Joint Agents where applicable) has the authority to make or give any representation or warranty in respect of the property. Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.