247 High Street, Erdington, Birmingham, B23 6SS
A Substantial Town Centre Freehold Commercial Property With Development Potential
Features
- Prominent town centre corner location
- Substantial three story property – 3,224 sq.ft. ( 299.62 sq m) or thereabouts
- Large open plan ground floor shop with rear access
- 1 & 2 floor offices – currently vacant with development potential (STP)
- Ground floor let at £1,000 pcm (available with vacant possession if required)
- Guide Price - £280,000
Description
The property comprises a substantial 3 storey corner commercial property which benefits from rear access. The ground floor comprises a large open plan shop whilst to the first & second floors there are former offices in need of development/refurbishment.
Location
The property occupies a prominent corner position along the High Street within the popular Birmingham suburb of Erdington. Situated at the junction with Coton Lane benefits from national occupiers in close proximity include Betfred, Greggs, Ladbrokes, Cancer Research, Peacocks, Farmfoods, Merkur and Poundland.Accommodation
Ground Floor ( retail) - 2,119 sq. ft.First Floor ( offices) - 537 sq. ft.
Second Floor ( offices) - 568 sq. ft.
Total - 3,224 sq. ft.
Tenure
FreeholdPrice
Offers based on £280,000 are sought for the freehold interest.Additional Information
RATEABLE VALUE -Current rateable value (1 April 2023 to present)
Ground Floor - £12,750
1 & 2 Floors - £7,500