Prominent parade unit with an income stream and refurbishment potential.
Freehold high‑street retail investment, 1,552 sq.ft total
A freehold high‑street retail investment in Acocks Green, offered with a single tenant (Cash Generator) and current gross income of £23,000 per year. The property totals 1,552 sq.ft across ground and first floors, with upper floors used for storage and rear service access. Situated on a prominent parade close to national occupiers, it benefits from strong pedestrian flow and high visibility.
Important lender and lease considerations apply: the current lease runs to April 2032 with a tenant break option in April 2027 (break penalty £5,600). Short unexpired lease length may make mortgage lending difficult or impossible for some buyers. The area records high crime statistics and high deprivation levels, which can affect long‑term footfall and investor appetite.
Physically the building is mid‑20th century with standard construction, low ceiling height at parts, and a small plot with on‑street parking only. The unit is suitable for a buyer seeking a hands‑on commercial investment or a redevelopment/refurbishment project, but it requires realistic expectations about maintenance, tenant risk, and financing constraints.
This is a clear opportunity for a specialist investor or owner‑occupier able to accept the lease profile and local market conditions. VAT may be payable, and the sale may be treated as a Transfer of a Going Concern (TOGC); purchasers must review the information pack and carry out full due diligence before committing.
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