Under Offer

Key Features

  • Six Flats and one Takeaway
  • With pp to convert to residential
  • Town Centre location
  • Freehold
  • Current income 43,080pa
  • Potential to increase to £51,580pa

Description

The Property forms part of a mixed-use terrace, with a prominent frontage onto Unicorn Hill.

The accommodation in 20 Unicorn Hill has been configured to create five one bedroomed flats and one studio apartment. Each of the properties are fitted to a good standard though out including Lounge and kitchen area, Bedroom and Shower Room with WC withinthe one bedroom units and Bedsitting area with kitchenette and Shower Room with WC in the Studio.

1 Bates hill currently comprises a ground floor vacant Hot Food Takeaway unit of some 445 sqft arranged as sales area, kitchen and WC. Planning consent has been granted to convert to one bedroom dwelling.

Location

The Property fronts onto Unicorn Hill, which forms part of the traditional heart of Redditch Town Centre, linking Church Green with the Train Station and Bus Station.

The occupiers in the immediate vicinity include a range of national operators and local independents, including Wetherspoons, West Bromwich Building Society and Nationwide Bank.

Redditch Town Centre is conveniently accessed via The Ring Road, which provides access the M42 Motorway, with Junctions 2 & 3 being within approximately 4 miles.

Tenure

Freehold subject to five Assured Shorthold Tenancy (AST).

The current Gross rent is £43,080 pa with ability to increase to 51,580pa

Services

All mains services are believed to be available, although gas is not currently connected.

Available Area

Floor/Unit Description Size (Sq Ft)
lgCommercial Unit445
gFlat 201
gFlat 20A1
gFlat 20E1
1stFlat 20B1
1stFlat 20C1
1stFlat 20D1
Total 451

Legal Fees

Each party to bear their own fees

Viewing

Strictly by appointment with our office on 01527 584 242

20 Unicorn Hill & 1 Bates Hill, Redditch, Worcestershire, B97 4QU

  • Investment
  • 2,000 Sq Ft
  • £630,000
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