>
29 bedroom property for sale
Hagley Road - 29 Bed Hotel , Edgbaston, Birmingham , B16
£2,500,000
Hagley Road - 29 Bed Hotel , Edgbaston, Birmingham , B16
£2,500,000
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 summarized version 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's most desirable area. The property, Cavalier House, is situated on Hagley Road and features 29 en-suite facilities, generating a substantial £240,000 per annum in net rental income from a 10-year hands-off FRI lease. The hotel is fully let and consistently occupied, with rent paid monthly via standing order, providing a reliable income stream. The property also benefits from a substantial plot of land to the rear, offering potential for future development (subject to planning permission). With its prime location, secure long-term lease, and high rental income, this is an ideal acquisition for investors seeking a high-return, low-maintenance asset.