3 Storey Commercial Property Lease for Sale

  • £150,000/Annually
Ladypool Road, Birmingham, UK
Commercial to Rent
3 Storey Commercial Property Lease for Sale
Ladypool Road, Birmingham, UK
  • £150,000/Annually

Description

A 3 Storey Commercial property Lease for Sale on the main Ladypool Road. Having a restaurant on the first floor, 24 lettable bedrooms with en-suite made to a high spec on the First/Second and Third Floor.

There is also an operational lift serving all floors. The property has the benefits of Gas Central Heating, Double Glazing, CCTV Cameras and air condition throughout.

There is a great opportunity to invest in a commercial property with a potential of further income at a prime location on Ladypool Road.

Details as follow:-

24 Bedroom (With en-suite and air conditioning system).
1x Restaurant (With fitted kitchen and air conditioning system).

Term: Negotiable

Rent: £150,000 (Annually). (Payable quarterly in advance) With rent review every 3 years.

Lease Premium: £200,000
Building Insurance: Tenant to  pay Building Insurance Premium
Deposit: Equal to 3 Months rent.
Legal Costs: Incoming Tenant to pay legal costs for both parties.
(No Social Housing)

VIEWING BY APPOINTMENT ONLY

  • Address Ladypool Road, Birmingham, UK
  • City Birmingham
  • State/county West Midlands
  • Zip/Postal Code B12 8LA

Details

Updated on January 27, 2024 at 2:13 pm
  • Property ID: GE-10593
  • Price: £150,000/Annually
  • Bedrooms: 24
  • Bathrooms: 25
  • Property Type: Commercial
  • Property Status: Commercial to Rent
  • All Commercial Type: Investment

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