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223-225 Longbridge Ln 1,700 SF 100% Leased Office Building Birmingham B31 4RE $393,732 ($231.61/SF)
EXECUTIVE SUMMARY
* Fantastic Investment Opportunity!!! Tenanted until 2033 *
An exciting opportunity to purchase a property situated in Longbridge currently being used as a dentist. The property is available for an exciting investment opportunity and we have been advised that the property is currently achieving £21,204.00 per annum (7.1% Yield) and in tenancy until 2033. We have been advised by the current owner that the rent increases 2% per annum with the current tenants in situ. The property is ideally situated for access to public transport links including Longbridge train centre, along with access to a variety of shops and supermarkets. Call Oakmans today to arrange your viewing on this exciting investment opportunity!
Property type: -Semi-Detached House
Tenure: Freehold
Council Tax Band: Business rates.
EPC Rating: To follow
Construction Type: Standard
Parking Arrangements: Drive
Broadband: Satellite/Cable/Sky/Virgin/Fibre – if unknown “Refer to Ofcom” View broadband availability - Ofcom Checker title
Mobile Signal Coverage: No known issues/if unsure “Refer to Ofcom” Mobile and Broadband checker - Ofcom
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: Yes (this is for new homes developments etc)
Accessibility Adaptations: No
An exciting opportunity to purchase a property situated in Longbridge currently being used as a dentist. The property is available for an exciting investment opportunity and we have been advised that the property is currently achieving £21,204.00 per annum (7.1% Yield) and in tenancy until 2033. We have been advised by the current owner that the rent increases 2% per annum with the current tenants in situ. The property is ideally situated for access to public transport links including Longbridge train centre, along with access to a variety of shops and supermarkets. Call Oakmans today to arrange your viewing on this exciting investment opportunity!
Property type: -Semi-Detached House
Tenure: Freehold
Council Tax Band: Business rates.
EPC Rating: To follow
Construction Type: Standard
Parking Arrangements: Drive
Broadband: Satellite/Cable/Sky/Virgin/Fibre – if unknown “Refer to Ofcom” View broadband availability - Ofcom Checker title
Mobile Signal Coverage: No known issues/if unsure “Refer to Ofcom” Mobile and Broadband checker - Ofcom
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: Yes (this is for new homes developments etc)
Accessibility Adaptations: No
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
1,700 SF
Building Class
C
Year Built
1950
Price
$393,732
Price Per SF
$231.61
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
850 SF
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Oakmans Estate Agents Limited
223-225 Longbridge Ln
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