High Street Retail Property for sale

Stratford Road, Sparkhill B11


£1,850,000
4,824 ft²

Features

  • Car Parking On Site
  • Investment Property
  • Main Road Frontage
  • Self-Contained

Description

Location

The subject property is located in a prominent position on the A34 Stratford Road with a return to Oakwood Road. Stratford Road is a main arterial route connecting Birmingham to Solihull. The property benefits from a strong passing footfall with a wide range of trades represented in the vicinity. The surrounding properties are predominantly retail and include national as well as local retailers. Birmingham City Centre is located approximately 4.5 miles North-West.

Description

The property comprises of a two storey stand-alone building of concrete construction with a flat roof over. The property provides various retail units on the ground floor and the first floor is let in its entirety as a Shisha Lounge. Internally the ground floor shops are of similar specification with either tiled or laminate floor covering, painted and plastered walls and ceilings with inset lighting, full height glazing and electric metal roller shutters. The first floor has a laminate covered floor, full height glazed windows, wooden ceiling and kitchen and separate WC facilities. Externally there is a large car park to the front of the building.

Services

We are advised all main services are connected to include mains gas, water and electricity.

Energy Performance Certificates

Details available upon request.

Tenure/Rent

The whole property has a current rental income of £40,000 per annum exclusive. Lease details are available upon request.

Offers are invited in excess of £1,850,000 for the Freehold interest.

Business Rates

Interested parties are advised to make their own enquiries to Birmingham City Council on .

VAT

We understand that the property is not elected for VAT

Legal Costs

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing

Strictly by prior appointment with sole agents, Mason Young Property Consultants.

Categories

High Street Retail Property
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Property reference
CP3DC3A6_219