Retail premises for sale in 1117-1119A Warwick Road, Acocks Green, Birmingham B27

From £575,000 (£342.87/sq. ft)
Retail premises for sale 1,677 sq. ft*
Interested in this property? Call +44 121 659 8498 * or Request Details

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Property description

Key Points

  • High Street Location
  • Freehold Retail Units
  • Description

    The property comprises a terrace of three retail units within a mixed residential and commercial block.

    The units have all been refurbished by the existing tenants and comprise large open plan sales areas with welfare and storage facilities to the rear.

    Loading is provided via a side driveway that allows convenient access to the rear of the shops.

    Viewings

    Viewings are strictly via Siddall Jones.

    Location

    The property occupies a prominent position fronting the Warwick Road which forms Acocks Green main High Street.

    Acocks Green is a busy suburb of Birmingham located 5 miles south east of Birmingham City Centre and 4 miles north west of Solihull Town Centre.

    The high street boasts a number of local and national occupiers including: Costa, Burtons, wh Smith, Shoe Zone, Dorothy Perkins, Peacocks, Savers, The Works and Greggs.

    Terms

    We are offering the freehold interest of the block to include the ground retail units and the freehold ground rents for the four residential units which have been sold off.

    The residential element has been sold on a long lease expiring in 2126 with a current ground rental of £170.20 per annum payable per unit plus maintenance and insurance recharges.

    Offers in the region of £575,000 are sought, subject to contract.

    Viewings

    The property may be inspected by prior appointment through the vendors sole selling agent Siddall Jones on

    Legal Costs

    Each party will be responsible for their own legal and surveyors costs incurred during this transaction.

    VAT

    The property is elected for VAT and VAT will be payable on the purchase price. It is anticipated that the sale will be treated as a togc.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Siddall Jones Limited, B18 on +44 121 659 8498 * (local rate)

    Contact Siddall Jones Limited about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Siddall Jones Limited, and do not constitute property particulars. Please contact Siddall Jones Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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