Property Information
Address:
63-63a Gravelly Lane, Birmingham
, B23 6LR
Price: Property no longer available.
Size: 6894 sq ft640 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH683553
Property Ref/Agent: 3557
*Please use the agent ref when calling the agent directly.
Property description
Retail site with approved planning for 18-bed HMO conversation above the ground floor. Included in this sale is also the freehold of the rear lane to the property.
Currently tenanted by:
Cost cutters with a yearly rent of £30,000 pa.
Tylers Kitchen with a yearly rent of £13,000 pa
2 Flats Let by AST with a yearly income of £32,540
Lapsed planning application number: 2012/02975/PA
Estimated yearly income for 18-bed HMO, £93,600 PA
Water connections have already been installed with 54mm water pipes, soils have been completed and provisions for electricity together with the DPM and 11m MOT type 2.
Freehold Sale
Granted Planning on 18-Bed HMO
Prominent Corner Location
Development Site
Longstanding tenant
Planning works satisfied
One Beds & Two Beds
;