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Freehold Restaurant Investment

21 Prospect Hill, Redditch, Worcestershire, B97 4BH

£600,000
Commercial
About this Property
2020-03-31
600000
Traditional
Commercial
Description

Freehold commercial restaurant investment located at 21 Prospect Hill, Redditch, Worcestershire, B97 4BH. The property is entirely let to Long Sun Ltd on a new 15-year lease, with annual RPI linked reviews and further rent reviews every fifth year. It features a site area of 0.40 hectares (0.84 acres), providing an external paved area and a large car park. The location is well situated near The Kingfisher Shopping Centre and adjacent to Redditch Ringway, with nearby occupiers including HSBC, Sainsbury's, Argos, Nando's, and Primark. VAT is applicable, and a landlord development break clause is available with six months' notice. Six-week completion is available.

Location
More Information
Freehold
Prospect Hill
Planing Authority
Redditch LPA
Sold Price History
16 Jun 2020Sold Lot Allsop£515,000

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