Summary - 15, BIRD STREET WS13 6PW
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold investment priced at £750,000 with a tenant secured until 2038, providing steady rental income of £50,000 per annum.
- Prime central location at the vibrant juncture of Bird Street and Sandford Street in Lichfield, surrounded by independent and national eateries.
- Grade II Listed commercial property spanning 3,886 sqft, consisting of a spacious ground-floor Thai restaurant and first-floor staff accommodations.
**Potential Downsides:**
- Lease of 15 years may deter mortgage lenders.
- Limited scope for renovations due to its listed status.
- The local area has a higher crime rate.
**Summary:**
Discover a remarkable investment opportunity with this Grade II Listed commercial property located at the bustling Thai Rainbow on Bird Street, providing a unique dual-use layout that accommodates both a thriving restaurant and staff quarters. The prime corner position ensures significant visibility and foot traffic within Lichfield’s vibrant culinary scene. This freehold property offers the security of long-term tenancy, making it an attractive option for investors seeking reliable income. However, potential buyers should be aware of the limited renovation options due to its listed status and the potential mortgage challenges stemming from the remaining lease duration. Stationed in a well-connected area, this property also provides access to various amenities, blending comfort, cultural richness, and commercial potential. Seize the chance to invest in a property with enduring appeal in a dynamic town center—opportunities like this don't stay on the market long!
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