Property Overview
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- Size:
- 19,000 sq ft / 1,765 sq m
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- Usage:
- C2
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- Sale Type:
- For Sale
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- Rental Income:
- £15,000
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- Property Type:
- Other
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- Auction:
- No
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- Development Opportunity:
- Yes
-
- Investment Opportunity:
- Yes
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- Tenanted:
- Yes
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- Energy Rating:
- N/A
Supporting Documents
General Summary
The property comprises of a detached five-bedroom property of traditional brick construction surmounted by a pitched tiled roof. The property has been extended by the current owner to provide a wealth of ground floor accommodation including a large dining kitchen complete with granite worktops and Neff appliances, two reception rooms, a conservatory as well as a separate annexe providing bedroom, kitchen and en-suite facilities. To the first floor there are four bedrooms, one with en-suite, a family bathroom and separate shower room.
The property provides an income producing trading estate which is accessed via a separate, gated service road adjacent to the property and provides six self-contained lock-up warehouse units. The site extends to circa 0.31 acres and provides an asset management opportunity as well as a potential for further development.
Only three of the units are currently tenanted, as the owner has chosen not to rent the properties out, a tenancy schedule is available on request from the agent. The current income is £15,000 per annum with scope to increase the rental closer to £30,000 per annum.
Residential 1,834 ft2 (170.38 M2) plus out buildings totalling 387 ft2 (35.95 M2)
Warehousing (taken from VOA website as not all units were accessible) 4,320 ft2 (401.33 M2) approx.
Site area 0.45 acres or thereabouts.
Location
The property is located along Dark Lane in the Hollywood area of Birmingham. Hollywood is a well-established residential location providing good transport links to Birmingham City Centre and the M42 Motorway.
Nearby train stations include Wythall and Whitlocks End which offer commuting services between Birmingham and Stratford-Upon-Avon.
Pricing
The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.
