£1,450,000
(£68.35/sq. ft)
Industrial for saleParkview Trading Estate, Kings Norton, Birmingham B30
21,215 sq. ft
Just added
Freehold
About this property
Investment Sale
Significant Reversionary Potential
49 Car Parking Spaces
Multiple Tenants Holding Over (Inside lta 1954)
Prominent Positioning unto Pershore Road
Zero Arrears Status
Description
Parkview Trading Estate comprises an established multi-let industrial estate arranged around a central service yard, providing a range of workshop, warehouse and light industrial accommodation across eight units. Units 1–3 are occupied as a single demise, with the remaining accommodation arranged as individual units. Unit 5 is currently vacant, whilst the majority of the occupied units are held over following expiry of their contractual lease terms, providing an incoming purchaser with a significant opportunity to undertake lease renewals, improve the income profile and capture rental reversion. The estate benefits from dedicated servicing and car parking areas and represents an attractive asset management opportunity within an established Birmingham industrial location.
Location
Parkview Trading Estate is prominently situated at 107 Pershore Road South, Kings Norton, Birmingham, with direct access from Pershore Road South (A441), one of the principal arterial routes connecting Birmingham city centre with the southern Birmingham suburbs. The estate is well positioned for access to Kings Norton, Cotteridge, Stirchley and Bournville, whilst Birmingham city centre lies approximately 6 miles to the north. The location also provides convenient access to the wider West Midlands road network, including the A38 and M42, making the estate well placed to serve both the Birmingham conurbation and the wider region.
Viewings
Strictly by appointment with Shepherd Commercial
Specifications
Unit 1-3 - 13,132sqft
Unit 4 - 1,580sqft
Unit 5 - 1,119sqft (vacant)
Unit 6 - 3,067sqft
Unit 7 - 1,359sqft
Unit 8 - 958sqft
Parkview Trading Estate comprises an established multi-let industrial estate arranged around a central service yard, providing a range of workshop, warehouse and light industrial accommodation across eight units. Units 1–3 are occupied as a single demise, with the remaining accommodation arranged as individual units. Unit 5 is currently vacant, whilst the majority of the occupied units are held over following expiry of their contractual lease terms, providing an incoming purchaser with a significant opportunity to undertake lease renewals, improve the income profile and capture rental reversion. The estate benefits from dedicated servicing and car parking areas and represents an attractive asset management opportunity within an established Birmingham industrial location.
Location
Parkview Trading Estate is prominently situated at 107 Pershore Road South, Kings Norton, Birmingham, with direct access from Pershore Road South (A441), one of the principal arterial routes connecting Birmingham city centre with the southern Birmingham suburbs. The estate is well positioned for access to Kings Norton, Cotteridge, Stirchley and Bournville, whilst Birmingham city centre lies approximately 6 miles to the north. The location also provides convenient access to the wider West Midlands road network, including the A38 and M42, making the estate well placed to serve both the Birmingham conurbation and the wider region.
Viewings
Strictly by appointment with Shepherd Commercial
Specifications
Unit 1-3 - 13,132sqft
Unit 4 - 1,580sqft
Unit 5 - 1,119sqft (vacant)
Unit 6 - 3,067sqft
Unit 7 - 1,359sqft
Unit 8 - 958sqft
Mortgage calculator
Monthly repayment
£7,253 per month
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