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812 Alcester Road South, Kings Heath, Birmingham, B14 5HH

Sold for for £85,000.
 

Guide Price £80,000-£85,000 plus fees


Thursday 8th September 2016

11.00am
Key Features
A Freehold Car Lot Investment Current Gross Income: £8,400 pa
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Sold for for £85,000.

Land

Is Preliminary Lot

False

Property Description

A Freehold rectangular site currently used as a car sales pitch. It may have future development potential subject to obtaining the necessary planning consents.
The property has road access from the front and rear and is situated between a number of local shops and petrol station.

Property Type

Commercial Investment

Site Area

We understand that the site extends to some 207 sq.m. (2,228 sq.ft.) or thereabouts.

Tag Line

A Freehold Car Lot Investment
Current Gross Income: £8,400 pa

Tenancy Details

The site is let on a 6 year Lease (expiring July 2017) at a current income of £700 per calendar month - £8,400 per annum. (Full Lease details will be available within the Legal Pack).

Tenure

We understand that the land is Freehold and is being sold subject to the existing tenancy.

Viewings

External viewings only.

Tenure: