Bradford Court, Digbeth
£150,000 Leasehold
Photo 21-07-2021, 11 29 05 (7)_20210722114855.jpg-Bradford Court, Digbeth Photo 21-07-2021, 11 29 05 (5)_20210722114855.jpg-Bradford Court, Digbeth Photo 21-07-2021, 11 29 05 (4)_20210722114855.jpg-Bradford Court, Digbeth Photo 21-07-2021, 11 29 05 (1)_20210722114855.jpg-Bradford Court, Digbeth Photo 21-07-2021, 11 29 05 (2)_20210722114855.jpg-Bradford Court, Digbeth Photo 21-07-2021, 11 29 05 (8)_20210722114855.jpg-Bradford Court, Digbeth Photo 21-07-2021, 11 29 05 (9)_20210722114855.jpg-Bradford Court, Digbeth Photo 21-07-2021, 11 29 05_20210722114855.jpg-Bradford Court, Digbeth
Retail Investment Opportunity

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Key Facts - Birmingham 500-1,000 For Sale Investment
Location
Birmingham
Description
The property is located within the Bradford Court office development which is home to a number of creative businesses comprises a ground floor retail premises which has been used as a Spa for over four years.

The property has been split to provide three treatment rooms along with two reception areas.

The property is situated fronting Bradford Street, Digbeth only ¾ mile (10-minute walk) from Birmingham City Centre and being situated just minutes away from the Bull Ring Shopping Centre, the National Coach Station, Moor Street Station and New Street Station.

The route of the new Midland Metro tram extension will run through the heart of Digbeth along the dual carriageway serving the Birmingham Coach Station and Custard Factory, Deritend High Street and terminating at Adderley Street.

Communication links are excellent being within close proximity to Junction 6 of the M6 which offers a gateway to the wider motorway networks of the M5, M40, M42 and M1 motorway.
Lease Terms
The property is let to Sala Therapy Birmingham Limited on a new 15-year lease simultaneously on completion of purchase, at £14,000 per annum, rising to £15,500 from year 5 and increasing to £17,000 from year 10 onwards.

The tenant company have been in occupation for over 5 years and wish to surrender their existing lease in favour of a longer 15-year term.

Offers over £150,000 exclusive are sought, subject to contract.
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