From
£190,000
Property for saleNew Road, Rubery, Rednal, Birmingham B45
Just added
Auction
About this property
To be offered on Wednesday 16 September
Freehold Mixed Use Investment
Comprising a Betting Office and self-contained flat above
Part let to William Hill on a lease expiring 2033(1)
Well located in the popular suburb of Rubery
Investment let at £19,000 p.a. Plus vacant flat (10.00% giy on Guide Price)
Strapline
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Prominently Located Freehold Mixed-Use Investment comprising a William Hill Betting Office and Self-Contained Flat, producing £19,000 per annum with Asset Management Potential.
Description
The property comprises a prominently positioned mixed-use investment arranged as a ground floor retail unit with ancillary basement storage together with a self-contained first floor flat.
Location
157 New Road occupies a prominent position in the established suburb of Rubery, approximately 8 miles south-west of Birmingham city centre. The property fronts New Road (A38 Bristol Road South), one of the area's principal commercial thoroughfares, benefiting from strong levels of passing traffic and footfall. Nearby occupiers include a range of national retailers, local businesses and roadside operators serving the wider residential catchment, with easy access to Junction 4 of the M5 motorway and the wider West Midlands motorway network.
Transport
Road The property fronts New Road (A38 Bristol Road South), providing direct access to Birmingham City Centre approximately 8 miles to the north-east and Junction 4 of the M5 motorway approximately 2 miles to the south-west.
Rail Longbridge Railway Station is situated approximately 1 mile north-east of the property, providing regular West Midlands Railway services to Birmingham New Street, Redditch and Bromsgrove.
Bus A number of local and regional bus services operate along New Road and Bristol Road South, connecting Rubery with Birmingham City Centre, Longbridge, Bromsgrove and the wider West Midlands conurbation.
Air Birmingham Airport is located approximately 18 miles north-east of the property, offering a comprehensive range of domestic and international flight connections.
Tenancy
Part let to William Hill Organization Limited on an effectively full repairing and insuring (Fri) lease for a term of 10 years from October 2023 at £19,000 per annum.
(1)The lease provides for tenant break options at the 5th and 8th anniversaries (28 September 2028 and 28 September 2031) and a 5 yearly upward-only open market rent review in September 2028.
Accommodation
Ground Floor - 175.6 sq m (1,890 sq ft)
Basement- 23.2 sq m (250 sq ft)
First Floor Flat- 42.5 sq m (457 sq ft)
Total - 241.3 sq m (2,597 sq ft)
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Prominently Located Freehold Mixed-Use Investment comprising a William Hill Betting Office and Self-Contained Flat, producing £19,000 per annum with Asset Management Potential.
Description
The property comprises a prominently positioned mixed-use investment arranged as a ground floor retail unit with ancillary basement storage together with a self-contained first floor flat.
Location
157 New Road occupies a prominent position in the established suburb of Rubery, approximately 8 miles south-west of Birmingham city centre. The property fronts New Road (A38 Bristol Road South), one of the area's principal commercial thoroughfares, benefiting from strong levels of passing traffic and footfall. Nearby occupiers include a range of national retailers, local businesses and roadside operators serving the wider residential catchment, with easy access to Junction 4 of the M5 motorway and the wider West Midlands motorway network.
Transport
Road The property fronts New Road (A38 Bristol Road South), providing direct access to Birmingham City Centre approximately 8 miles to the north-east and Junction 4 of the M5 motorway approximately 2 miles to the south-west.
Rail Longbridge Railway Station is situated approximately 1 mile north-east of the property, providing regular West Midlands Railway services to Birmingham New Street, Redditch and Bromsgrove.
Bus A number of local and regional bus services operate along New Road and Bristol Road South, connecting Rubery with Birmingham City Centre, Longbridge, Bromsgrove and the wider West Midlands conurbation.
Air Birmingham Airport is located approximately 18 miles north-east of the property, offering a comprehensive range of domestic and international flight connections.
Tenancy
Part let to William Hill Organization Limited on an effectively full repairing and insuring (Fri) lease for a term of 10 years from October 2023 at £19,000 per annum.
(1)The lease provides for tenant break options at the 5th and 8th anniversaries (28 September 2028 and 28 September 2031) and a 5 yearly upward-only open market rent review in September 2028.
Accommodation
Ground Floor - 175.6 sq m (1,890 sq ft)
Basement- 23.2 sq m (250 sq ft)
First Floor Flat- 42.5 sq m (457 sq ft)
Total - 241.3 sq m (2,597 sq ft)
Mortgage calculator
Monthly repayment
£950 per month
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