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29 bedroom property for sale
Hagley Road, 29 Bed Hotel -12% Net Yield , Edgbaston, Birmingham, B16
£1,999,999
Hagley Road, 29 Bed Hotel -12% Net Yield , Edgbaston, Birmingham, B16
£1,999,999
Our Summary
- * Hands Off Investment Opportunity –FRI LEASE * Rent Paid Monthly - £20,000 PCM Net Rent
- • Development Potential: The site benefits from a substantial plot of land to the rear, offering potential for future development (subject to planning permission)
- This unique investment offers both stable, long-term rental income and significant growth potential due to its excellent location and development opportunities
- • £500 million Birmingham Smithfield development: This large-scale regeneration project will transform the city centre with a new public square, retail outlets, and leisure spaces, adding significant value to surrounding properties
- CONFIRM EXISTENCE & NATURE OF ANY KNOWN PLANNING OR PROPOSALS FOR DEVELOPMENT
- Cash purchasers preferred
Description
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Here is a summary of the property description in a single paragraph:
The OPA is offering a rare opportunity to acquire a prestigious income-producing hotel in Edgbaston, Birmingham, generating £240,000 per annum in net rental income. The property, known as Cavalier House, is situated on Hagley Road and benefits from a prime location, secure 10-year hands-off FRI lease, and 29 en-suite facilities. The hotel is fully let and consistently occupied, providing a reliable income stream. With a net yield of 12%, this is a hands-off investment opportunity that offers both stable, long-term rental income and significant growth potential due to its excellent location and development opportunities. The property is freehold and benefits from a substantial plot of land to the rear, offering potential for future development (subject to planning permission).