4 Alcester Road South, Birmingham, West Midlands, B14 7PU

Location

The property occupies a very prominent position on the corner of Alcester Road South and Vicarage Road within the prime retail pitch close to the Sainsbury's supermarket. Major multiple retailers within the immediate vicinity include, Boots, WH Smith, Superdrug, Argos and Poundland. It is also situated close to one of Kings Heath’s main car parks in Institute Road. Kings Heath is a popular residential suburb of Birmingham located approximately 4 miles (6km) south of the City Centre, 25 miles (40km) north of Worcester and 20 miles (32km) west of Coventry. The town lies within 5 miles (8km) from Junction 3 of the M42, which in turn links to the M40 (Junction 3A), the M5 (Junction 4A) and the M6 (Junction 7A).

Description

A prominent corner retail unit at the junction of Alcester Road South and Vicarage Road. The property extends to 719 square feet and benefits from a return frontage providing good exposure to passing trade.

Price

£22,500 plus VAT per annum exclusive. The property is available by way of a new lease, on flexible terms, to be agreed.

VAT

We are advised that VAT is payable, although it is anticipated that the transaction will be dealt with by way of a TOGC.

Business Rates

We understand that the rating assessment is as follows:
Rateable Value: £20,000

EPC

Available upon request.

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.