Retail premises for sale in 1117-1119A Warwick Road, Acocks Green, Birmingham B27, £575,000
575,000.00
Offer Nr.:
56787277
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Siddall Jones Limited
Phone(s):
0121 659 8498
Email:
* Freehold
**Key Points**
* Freehold Tenure
* Acocks Green Main High Street
* 3x Ground Floor Units
* £49, 800 pa (excl) Rental
* Units Recently Refurbished
* GroundRents Income of £680. 80 pa
**Description**
The property comprises a terrace of three retail units within a mixed
residential and commercial block.
The units have allbeen refurbished by the existing tenants and comprise large
open plan sales areas with welfare and storage facilities to the rear.
Loading is provided via a sidedriveway that allows convenient access to the
rear of the shops.
**Viewings**
Viewings are strictly via Siddall Jones.
**Location**
The property occupies a prominentposition fronting the Warwick Road which
forms Acocks Green main High Street.
Acocks Green is a busy suburb of Birmingham located 5 miles south east of
Birmingham CityCentre and 4 miles north west of Solihull Town Centre.
The high street boasts a number of local and national occupiers including:
Costa, Burtons, wh Smith, Shoe Zone,Dorothy Perkins, Peacocks, Savers, The
Works and Greggs.
**Terms**
We are offering the freehold interest of the block to include the ground
retail units and the freeholdground rents for the four residential units
which have been sold off.
The residential element has been sold on a long lease expiring in 2126 with a
current ground rentalof £170. 20 per annum payable per unit plus maintenance
and insurance recharges.
Offers in the region of £575, 000 are sought, subject to contract.
**MoneyLaundering**
In accordance with Anti - Money Laundering Regulations, two forms of identity
and confirmation of the source of funding will be required from thesuccessful
purchaser.
**VAT**
The property is elected for VAT and VAT will be payable on the purchase price.
It is anticipated that the sale will be treated as a togc.
**Legal Fees**
Each party will be responsible for their own legal and surveyors costs
incurred during this transaction.
**Viewing**
The property may be inspected byprior appointment through the vendors sole
selling agent Siddall Jones.
**Key Points**
* Freehold Tenure
* Acocks Green Main High Street
* 3x Ground Floor Units
* £49, 800 pa (excl) Rental
* Units Recently Refurbished
* Ground
**Description**
The property comprises a terrace of three retail units within a mixed
residential and commercial block.
The units have all
open plan sales areas with welfare and storage facilities to the rear.
Loading is provided via a side
rear of the shops.
**Viewings**
Viewings are strictly via Siddall Jones.
**Location**
The property occupies a prominent
forms Acocks Green main High Street.
Acocks Green is a busy suburb of Birmingham located 5 miles south east of
Birmingham City
The high street boasts a number of local and national occupiers including:
Costa, Burtons, wh Smith, Shoe Zone,
Works and Greggs.
**Terms**
We are offering the freehold interest of the block to include the ground
retail units and the freehold
which have been sold off.
The residential element has been sold on a long lease expiring in 2126 with a
current ground rental
and insurance recharges.
Offers in the region of £575, 000 are sought, subject to contract.
**Money
In accordance with Anti - Money Laundering Regulations, two forms of identity
and confirmation of the source of funding will be required from the
purchaser.
**VAT**
The property is elected for VAT and VAT will be payable on the purchase price.
It is anticipated that the sale will be treated as a togc.
**Legal Fees**
Each party will be responsible for their own legal and surveyors costs
incurred during this transaction.
**Viewing**
The property may be inspected by
selling agent Siddall Jones.
Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)
Similar properties: