4 Cliff Rock Road, Rednal, Birmingham, B45 8QE

Property Information

• Let to an established hairdressers who have been in occupation since 2007
• Recently completed new 10 year FRI lease from 22 July 2026 expiring in 2036
• Upward only open market review as at 22 July 2031
• Rent for the first 2 years is £14,000 per annum rising to £16,000 per annum from year 3 until July 2031 whereupon there is an upward only open market rent review
• The vendor will top up the rent to the headline figure of £16,000 pa upon completion
• Offers invited at £187,500 to show a return of 8.5% on the rent of £16,000 per annum before costs
• Capital value approximately £209 per ft²
• The property is not elected for VAT

Reference No: 12081