Commercial property for sale in Sheldon Gardens, 490 Sheldon Heath Road, Sheldon, Birmingham B26

Sale by tender
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Commercial property for sale

From 554 - 561 sq. ft*

Property description

Key Points

  • 14 x two bedroom flats in modern apartment block
  • Ample on site car parking
  • 100% let on AST's with circa 43% of income derived from Aspect Housing Ltd
  • Current total rent £109,080 per annum
  • Permission in principle for further development

    • Description

    The property comprises a three storey building built circa 2014/15 with rendered elevations, comprising 14 x 2 bedroom flats arranged over first and second floors. The ground floor retail units have been sold off on a long leasehold basis at peppercorn rents.

    A covered driveway leads through part of the ground floor directly from Sheldon Heath Road onto a tarmacadam surfaced rear car park, with approximately 30 marked parking spaces.

    Location

    The property is located in Sheldon, a suburb of Birmingham, approximately 7 miles to the south east of the City Centre and bordering on Garretts Green to the north.

    The property fronts the eastern side of Sheldon Heath Road, just to the north of the roundabout junction of Sheldon Heath Road, Brays Road, The Radleys and Church Road.

    The area comprises a mix of residential and retail uses, the latter of which are concentrated around the road junction.

    The property is situated on a main bus route into both Birmingham City Centre and Solihull Town Centre. The National Exhibition Centre and Birmingham International Airport are approximately 4 miles east.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

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

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    For more information about this property, please contact
    Sanderson Weatherall, B3 on +44 121 659 5788 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sanderson Weatherall, and do not constitute property particulars. Please contact Sanderson Weatherall 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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