Betting shop retail investment opportunity

A freehold betting investment opportunity providing a current gross income of £27,821 per annum. The property is arranged on the ground and first floors, comprising a ground floor betting office and a former flat on the first floor that currently has no access. There is separate wheelchair access to the left of the shop frontage. The ground floor extends to approximately 1,220 sq ft (113.47 sq m) and has been fitted out to the tenant's usual corporate design, alongside a staff kitchen and customer and staff WCs. Situated in a prominent position on Bearwood Road within an established and busy local commercial parade, the property is surrounded by a mix of independent retailers, food and takeaway outlets, convenience stores, and service businesses. Bearwood Road lies approximately 3 miles west of Birmingham city centre and benefits from excellent public transport links, with easy access to the A456 and the wider West Midlands road network. The property is held freehold and is subject to the existing tenancy let to Coral Racing Ltd for a term of 16 years from 28th February 2011 at a current rent of £27,821 per annum. Viewings are strictly external only.