Wheel Lane, Lichfield

£299,950
  • Type: Retail
  • Availability: For Sale
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Property Features

  • Income producing investment property
  • Subject to tenants current lease
  • Great location
  • Rear loading access
  • Retail location
  • Generating £17,700 per annum fully let.
  • Two bedroom apartment above.

Property Summary

Jayman Commercial offer for sale this income producing investment property comprising of ground floor retail and flat above generating £17,700 per annum.
(Retail £10,200 p.a residential apartment above £7,500 p.a)

Full Details

Ground floor retail shop
With two spacious areas and wash facilities to rear.

Front Area
5.14 x 5.14 (16'10" x 16'10")

Rear Area
2.85 x 5.14 (9'4" x 16'10")

Store Area
With facilities.

Tenant / Lease Information
With existing lease to current tenant operating as a hair and beauty salon.
3 years from Jan 2023 at £850 per month.

Apartment
Two bedroom apartment currently let at £625 per month on a periodic tenancy.