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79 bedroom property for sale
Hagley Rd - 2x 79 Bed Hotels, Birmingham, B16
£6,000,000
Hagley Rd - 2x 79 Bed Hotels, Birmingham, B16
£6,000,000
Our Summary
- * Hands Off Investment Opportunity – Tenant Occupier Is Responsible For General Maintenance, Repairs & Management
- • 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
Description
The OPA is offering a rare opportunity to acquire two prestigious income-producing properties, Edgbaston Palace and Cavalier House, located in one of Birmingham's most desirable areas. The properties, situated on a 1.919-acre site, are leased to one of Birmingham's leading accommodation providers on a long-term 10-year lease, generating a substantial £600,000 per annum in net rental income. The properties feature 79 en-suite facilities, with the tenant responsible for all general maintenance, repairs, and property management, making it a hands-off investment opportunity. With a reliable income stream and significant growth potential due to its excellent location and development opportunities, this unique investment is ideal for investors seeking a high-return, low-maintenance asset. The properties are freehold and benefit from a prime Edgbaston location, offering proximity to key Birmingham landmarks, including Five Ways, Broad Street, and Birmingham New Street Station.