1092-1096 Warwick Road, Birmingham, B27 6BH

Prominent freehold retail unit

Property details

Type Investment, Retail
Tenure Freehold.
Price Offers in the region of £675,000
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Features
  • Prominent location in thriving neighbourhood shopping suburb
  • Rear service access for deliveries
  • 7,974 sq ft (740.81 sq m) over two floors
  • Suitable for a variety of uses (subject to planning permission)
  • ERV of £70,000 pa
  • Offers in the region of £675,000 plus VAT
Location
Acocks Green is a major conurbation of Birmingham. 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 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 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). Acocks Green ward is located in the south east of the city. It has a population of 23,117 making it the 3rd most populous ward in the city. The ward has a similar age profile to the city as a whole and a similar ethnic makeup.
Description

The property comprises a ground floor retail unit with ancillary accommodation to

the first floor and service access to the rear.

Accommodation
The sale will include Units 1092-1096 Warwick Road, Acocks Green, which is arranged over ground and first floors providing the following approximate internal floor areas:
Ground floor - 4,320 sq ft/401.34 sq m
First floor - 3,654 sq ft/339.47 sq m
Total - 7,974 sq ft/740.81
Price
Offers in the region of £675,000 plus VAT are sought for the freehold interest.
VAT
We are advised that VAT is payable in addition to the purchase price.
EPC
The property has an EPC rating of D.
Legal Costs
Each party are to responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with Anti Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.