0 bed (for sale) Alum Rock Road, Alum Rock, Birmingham B8

£875,000
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Property Link Estate Agents
5 Coleshill Road, Hodge Hill, Birmingham
0121 721 9844
First Published

8th Nov 2018

Last Published

8th Nov 2018

 

Features

  • Type:
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Property Link are pleased to present this Excellent Leasehold Commercial property, a Public House, opportunity with an ideal and visible location on the famous main Alum Rock Road, Birmingham. Businesses in close proximity enhances the commercial premises on offer as it attracts ten of thousands of visitors to the area throughout the year. It is a very large property which has a large rear car park.

Description

Property Link are pleased to present this Excellent Leasehold Commercial property, a Public House, opportunity with an ideal and visible location on the famous main Alum Rock Road, Birmingham. Businesses in close proximity enhances the commercial premises on offer as it attracts ten of thousands of visitors to the area throughout the year.

Location

This property is located along a prominent position of Alum Rock Road, on the Corner of Brookhill Road.

Area

This property comprises of a ground floor which is
Approx 471 sqm (5069 sq ft)

Planning consent will increase to 593 sqm (6383 sq ft)

Premium

N/A

Rent

Rent is £45000 P.A(Downstairs)

Sale Price

£875000

Tenure

The property is available as a lease hold.

Rateable Value

All interested parties are advised to make their own enquires to Birmingham City Council, Business Rates Department in respect to the rate payable

Legal Costs

The in-going tenant will be responsible for the payment of the landlord's legal costs, building insurance.

Viewings

Strictly by appointment with the sole letting agents:

Property Link Estate Agents
5 Coleshill Road
Hodge Hill
Birmingham
B36 8DT

 

Local info for B8

 

Property Value Data/Graphs for B8

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Terraced house 50.5% £149,274 3.1 1.1
Semi-detached house 21.4% £195,393 3.5 1.4
End terrace house 8.7% £141,877 3.1 1
Detached house 4.9% £227,000 3.4 1.2
Other 3.9% £345,000 2 0.8
Flat 2.9% £62,333 1.7 0.7
Town house 2.9% £175,000 5 1.7
Maisonette 1.9% £89,975 2 1
Bungalow 1.9% £160,000 4 0
Semi-detached bungalow 1% £239,950 2 1

Area Information

Average Price Paid

£118,328

Sales

1418

Current Average Value

£168,007

Value Change

£49,679 42%

 

Current Asking Prices in B8 Average: £168,007

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £101,667 (3) £144,871 (9) £148,396 (58) £176,000 (12) £260,765 (13)
Flats £37,000 (1) £82,488 (4) - - -
All £85,500 (4) £125,676 (13) £148,396 (58) £176,000 (12) £260,765 (13)

Nearby Properties

3 bed Terraced house () Groveley Lane, Longbridge B31 £170,000
3 bed Detached house () Dudley Road, Rowley Regis B65 £285,000
2 bed Terraced house () Hartledon Road, Harborne, Birmingham B17 £295,000
3 bed Terraced house () Westgate, Oldbury B69 £130,000
2 bed End terrace house () Cromwell Street, Dudley DY2 £125,000
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