20 Unicorn Hill & 1 Bates Hill, Redditch, B97 4QU
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- PROPERTY TYPE
Block of Apartments
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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
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.
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.
Asking Price - £630,000
Tenure - Freehold subject to five Assured Shorthold Tenancy (AST) at the following rents:
Flat 20 - £680pcm
Flat 20A - £425pcm
Flat 20B - £655pcm
Flat 20C - £680pcm
Flat 20D - £625pcm
Flat 20E - £525pcm
1 Bates Hill - Vacant.
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.
Epc - TBC
Legal Fees - Each party to pay their own costs.
Anti-Money Laundering - In accordance with Anti-Money Laundering Regulations, we require two forms of Identification and confirmation of source of funding from all Purchasers.
Viewing - Strictly by appointment with our Reception on .
Brochures
20 Unicorn Hill & 1 Bates Hill, Redditch, B97 4QU- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
20 Unicorn Hill & 1 Bates Hill, Redditch, B97 4QU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Redditch Station0.1 miles
- Alvechurch Station2.9 miles
- Barnt Green Station4.3 miles
About the agent
John Truslove is a Redditch based property consultancy which was established over 30 years ago.
We advise clients on all aspects of commercial property within the West Midlands, Worcestershire and Warwickshire.
The first and most important thing for you to know is that, quite simply, we aim to be good and honest.
Good to deal with, honest and true, professional and effective.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33280588. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Truslove, Redditch. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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