1076 Warwick Road, Acocks Green, Birmingham, West Midlands, B27 6BH
Freehold retail investment let to established national operator
Features
- Two storey Freehold retail property in established retail parade
- Prominent location in the heart of Acocks Green
- 2,421 sq. ft. over ground and first floors
- Let to Merkur Slots UK Limited on a 15 year lease, expiring 26/05/2036
- Passing rent - £35,000 per annum
- Break clause not exercised
- Offers based on £495,000
Description
The property comprises a ground floor retail area shop with ancillary accommodation to the first floor and service access to the rear.
Location
The property is located on Warwick Road (A41), some 6 miles south east of Birmingham City Centre. Solihull is 4 miles to the south east, Birmingham International Airport is 5 miles to the east, while the NEC is 9 miles to the east. The M42 motorway is 5 miles to the south via Junction 5 and Junction 5 of the M6 Acocks Green shopping centre is on the north side of Warwick Road, fronting on to the roundabout junction with Westley Rd and Shirley Rd. This leads to Acocks Green rail station, less than ½ a mile from the property. Motorway is 6.5 miles to the north. Acocks Green rail station is located in close proximity and has frequent services to Birmingham Snow Hill (9 minutes) and Solihull (6 minutes).Accommodation
Ground Floor retail area 1,463 sq. ft.First floor ancillary accommodation 958 sq. ft.
Total 2,421 sq. ft.
Tenure
Freehold, subject to existing tenancyTenancy
Merkur Slots UK operates a large network of Adult Gaming Centres (AGCs) across the UK and is part of the wider German-owned Merkur Group. The company has been expanding its UK estate, opening new venues and investing in high-street locations. They currently operate from over 220 stores throughout the UK.Tenant profile for year ending December 2026
Turnover: £196,715,000
Pre-tax profit: £6,707,000
Total assets: £68,073,000
Price
Offers based on £495,000 are sought for the Freehold interest, subject to the existing tenancy.VAT
The property is elected for VAT, though it is anticipated that the sale will be dealt with by way of a TOGC.EPC
B Rating.Legal Costs
Each party is to be responsible for their own legal costs that may be incurred in this transaction.Anti Money Laundering
Under HMRC and RICS regulations in addition to the Criminal Finances Act 2017, as property agents facilitating transactions, we are obliged to undertake anti money laundering due diligence for both the vendors (our client) and the purchasers involved in a transaction. As such, personal and or detailed financial and corporate information will berequired before an offer can be accepted and a transaction can commence.
