Investment to Buy
Shirley Road, Birmingham, B27
The property comprises a prominent unit over ground and first floor. The ground floor is split providing two retail units, one a larger retail store and the other a small retail kiosk. The first floor is currently occupied as a martial arts studio in an open space, presenting an opportunity to convert the space to alternative use, subject to planning.
Unit 1 (Ground Floor) - Occupied by The Vape Shack at an annual rent of £5,000. The tenant has been holding over since the 11th August 2010.
Unit 2 (First Floor) - Occupied by 8 Limbs Muay Thai Martial Arts Academy at an annual rent of £10,000. The tenant has been holding over since 5th May 2019.
Unit 3-5 (Ground Floor) - Vacant.
Total rent of £15,000 per annum.