1080 Warwick Road, Acocks Green, Birmingham, B27 6BH
Freehold town centre retail investment
- High Street retail investment opportunity
- Prominent location in thriving shopping suburb
- Let to CEX (Franchising) Limited on a 10 year lease, expiring 09/03/2024
- Passing Rent - £33,250
- Offers based on £395,000 (NIY of 8.08%), after purchasers costs of 4.14%
LocationThe 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 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. Access to the car parking at the rear is via Station Road. 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).
The property comprises a ground floor retail area shop with ancillary accommodation and service access to the rear.
AccommodationGround floor retail area - 964 sq ft
First Floor ancillary accommodation - 952 sq ft
Total - 1,916 sq ft