2-6 Belchers Lane, Birmingham, B8 3EU

A Fully Let mixed use Investment Opportunity, comprising 5 retail units and 2 self-contained flats Current Gross Income: £39,000 pa. FOR SALE BY AUCTION 15TH SEPTEMBER 2022.

Property details

Type Investment, Leisure / Mixed Use, Retail
Tenure Freehold, subject to existing tenancies.
Price Guide Price £445,000+
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Features
  • A fully let mixed use investment opportunity
  • Comprising 5 retail units and 2 self-contained flats
  • Located on Belchers Lane at the junction with Pelham Road
  • Fully let current gross income £39,000 p.a.
Location
The property occupies a prominent corner location at the junction of Hermitage Road & Ashley Road, within walking distance of Gravelly Hill railway station. Erdington lies approx. 5 miles north-east of Birmingham city centre and benefits from excellent road links. Important roads that access the area include A38 (Birmingham to Derby road), A5127 (Gravelly Hill) and the A47 Spine Road. The M6 motorway forms the southern border of the district, with connections at Junction 6 (Gravelly Hill Interchange). There is a well-established network of bus routes through Erdington with connections to Birmingham City Centre and Sutton Coldfield.
Description

The property is located just off the main Alum Rock Road in Birmingham. There are five retail shops in total to the ground floor and two x 2-bedroom flats on the first floor. The shops are all glass fronted with window space for displays and arranged as an in-plaza style with communal wc and kitchen facilities. There are parking spaces outside the shops and a rear access for deliveries. Each of the shop sis approximately 150 sq. ft.

Accommodation
Ground Floor: Five Separate Retail Outlets.
First Floor: Two x 2 Bedroom Self Contained Flats, each with Lounge, Kitchen and Bathroom.
Outside: Parking to the Front and Rear Delivery Access.
Price
Guide Price - £445,000 +
Tenancy
As per the below table :
EPC
Energy Performance Rating : D.