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Freehold Restaurant Investment

21 Prospect Hill, Redditch, Worcestershire, B97 4BH

£475,000
Commercial
About this Property
2020-06-16
475000
Traditional
Commercial
Description

Freehold restaurant investment located at 21 Prospect Hill, Redditch, Worcestershire, B97 4BH. This commercial property is entirely let to Long Sun Ltd on a new 15-year lease with annual RPI linked reviews and a further rent review every fifth year. The property comprises 5,044 sqft and includes a flat, situated on a 0.84-acre site. It is well located near The Kingfisher Shopping Centre, with occupiers nearby including HSBC, Sainsbury's, Argos, Nando's, and Primark. The site offers an external paved area and a large car park, and there is a landlord development break clause at any time. VAT is applicable. Completion took place on 27th July

Location
More Information
Freehold
Prospect Hill
Planing Authority
Redditch LPA
Sold Price History
31 Mar 2020Unsold Lot Allsop£600,000

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