Bristol Road South, Northfield, Birmingham

REF 37287

Bristol Road South, Northfield, Birmingham£375,000

Description

A fantastic opportunity to purchase a commercial unit situated on Northfield High Street previously used as a bank with benefit of planning permission to re-furbish the retail unit and create three new apartments. The unit is laid out over three floors with the lower ground previously used for the vaults. This is an exciting opportunity for someone looking to invest in a commercial unit situated in the hustle and bustle of a busy high street surrounded by local shops, cafes and market hall, with excellent access to public transport links.

The property is listed with Birmingham City Council and, with effect from 1 April 2023, is assessed as follows:-
Rateable Value: £41,000
Rates Payable: £20,459 pa

Basement Retail: 114m2
Ground Floor Retail: 113m2

Ground Floor Residential: 86m2
1st Floor Residential: 163m2

Total 476m2 = 5123 sq.ft

Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible.