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2 bed property
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Our Summary
- One flat is tenanted, producing £500 pcm (£6,000 pa) net rent, while the second flat is currently vacant, offering immediate potential for rental uplift
- • One flat vacant providing an excellent opportunity for improvement or new tenancy
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Description
The property is a freehold mixed-use commercial and residential investment consisting of a modern restaurant on the ground floor and two self-contained one-bedroom flats above. The restaurant is fully tenanted with approximately 10 years remaining on the lease, generating £27,000 per annum. The upper floors consist of two flats, one of which is tenanted, producing £6,000 per annum, and the other is vacant.
The property is situated on Worcester Road, Bromsgrove, in a prime high-street position with excellent visibility and transport links, offering a strong, diversified income stream.