Freehold Offices & Warehouse With Rental Income | | Birmingham West Midlands | | BIRMINGHAM F/H OFFICES & WAREHOUSES WITH RENTAL INCOME Located on busy industrial estate Fully let with 3 long term leases Rental Income : £60,000pa Ideal Investment opportunity F/H: £685,000 REF: 9540B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 48789
ADVERT IMPRESSIONS : 14,947 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Agent Sale | FREEHOLD: | £685,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | THE BUSINESS
Advent Business Sales is delighted to have been instructed to offer to the market this excellent office block and former bonded warehouse for sale. The site has been owned and improved by the vendors for over a decade, and is now being sold as they wish to pursue alternative business interests.
The site is fully let, generating a rental income close to £60,000 per annum. In total, there are 3 long term tenants, all with leases ranging from 3 to 5 years. The vendor also occupies part of the property and would be happy to continue on a leasehold basis.
Leases are granted on a fully repairing basis. No substantial work on the building is required other than the usual routine maintenance.
REF: 9540B
EXPANSION POTENTIAL
Ideal opportunity for a property company or individual seeking a fully tenanted commercial property close to motorway links.
Due to the locality of the building, this would also be ideal as a residential or even commercial re-development site.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £60,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
A former bonded warehouse with adjoining office block.
Ground Floor – Warehouse 1
• Main warehouse 6,313 sq ft incorporating rear mezzanine 632 sq ft, w/c’s, forecourt facilitating loading
Warehouse 2
• Main warehouse 2,147 sq ft incorporating rear mezzanine 334 sq ft, warehouse 2,490 sq ft, stores 181 sq ft, workshop 1,420sq ft
Office Building
• Entrance foyer
• Office 1 – 318 sq ft
• Office 2 – 107 sq ft
• Office 3 – 91 sq ft
• Office 4 – 123 sq ft
• w/c’s
First Floor
• Office building:
• Office 1 – 318 sq ft
• Office 2 – 107 sq ft
• Office 3 – 91 sq ft
• Office 4 – 244 sq ft
• Kitchen
• Store | | | | | | FOR SALE | | | | | REFERENCE: | 9540B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
