Hagley Road

>

Hagley Road

Hagley Road - 29 Bed Hotel , Edgbaston, Birmingham , B16
£1,999,999

Our Summary

  • * Hands Off Investment Opportunity –FRI LEASE
  • • 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

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: The OPA is pleased to offer a rare opportunity to acquire a prestigious income-producing hotel in a prime Edgbaston location, generating £240,000 per annum in net rental income. The hotel is fully let on a 10-year hands-off FRI lease, with rent paid monthly via standing order, providing a stable and hassle-free income stream. The property features 29 en-suite facilities, with a substantial plot of land to the rear offering potential for future development. The hotel is situated in one of Birmingham's most sought-after areas, with excellent transport links and proximity to key landmarks such as Five Ways, Broad Street, and Birmingham Bull Ring. The property benefits from a long-term lease, ensuring no void periods or maintenance deductions, making it an ideal acquisition for investors looking for a high-return, low-maintenance asset.