Freehold Investment Property Located In Earlswood

Solihull, B94 5QA
Offers Over£395,000
Business ID:
#2549
£395,000 Offers Over
  • Ref: 2549
  • Type: Commercial Property
  • Availability: For Sale
  • Veritas Categories: Commercial Property, - Investment Property, Retail
  • Business ID: 2549
  • Commercial Tenure: Freehold
  • Make Enquiry

Property Features

  • Freehold Investment Property
  • Village Location
  • Two Commercial Lets
  • One Residential let
  • £20,000 pa Income
  • Available With Vacant Possession
  • Suits Many Uses

Full Details

Freehold Investment Property Located In Earlswood
Can Be Available With Vacant Possession
Residential Three bedroom Flat
Two Commercial Lets
Income £20,000 pa
Ref 2549

Location
This delightful link detached mixed use Investment Property is located on Umberslade Road, Earlswood. Located within a prominent and highly visible trading position on a busy cross roads where The Common (B4102) meets Umberslade Road, Shutt Lane and Valley Road. The frontage has a slip road which gives customer parking for (3) vehicles and property is next door to CO-OP Convenience Store and adjacent to The Reservoir Pubic House & Restaurant. Earlswood is a small and highly desirable village of Warwickshire and the charming Earlswood lakes are within a short walk.

Offers Over £395,000

Business Description
Veritas Business sales offer to the market a rare opportunity to purchase a mixed use Investment property which is located in the affluent village of Earlswood. To the front of the ground floor you have a retail flooring shop which is out of lease and holding over and producing a rent of £5,719.92pa. To the rear you have a hair salon with is also out of lease and holding over and producing a rent of £4,680 pa. To the first floor you have a three bedroom flat which produces a rental income of £9,600 pa. This has just become vacant and will stay empty to not hinder a sale.
We believe that this would suit the investment market or alternatively an owner operator as a retailer or takeaway subject to gaining the correct planning consent. This is a superb opportunity to purchase a well maintained property in desirable area and as such early viewing is highly recommended as this gem is not to be missed.

Ground Floor
Entrance door with hallway leading to the rear hair salon and entrance door leading to the first floor flat

Front retail showroom
Kitchen
W/C
Let for £5,719.92 pa
Rear hair salon
Kitchen
W/C
Let for £4,680 pa

First Floor
Open plan lounge/kitchen
Double bedroom
Double bedroom
Single bedroom
Family bathroom with bath, W/C, wash basin and separate shower enclosure
Rents for £9,600 pa

The property benefits from gas central heating with a combination boiler and UPVC double glazing
EPC Rating D


External Rear yard/garden