Retail premises for sale in 879 Washwood Heath Road, Birmingham B8, £267,000

267,000.00

Offer Nr.:
59180321
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Mason Young Property Consultants
Phone(s):
0121 721 9881

* Additional Access To The Rear
* Main Road Frontage
* Investment Property
* Freehold Title
**Location**
The property is situated fronting Washwood Heath Road (B4114) in the Washwood
Heath area of Birmingham. The premises are conveniently located for access
throughout Birmingham via the A47 Heartlands Parkway to the west along with
Bromford Lane (A4040) allowing convenient access to J6 of the M6 motorway at
Spaghetti Junction. Birmingham city centre is approximately 6 miles from the
premises via the A38.
**Description**
The property comprises of a two - storey terraced building of brick - built
construction surmounted by a pitched roof and a glazed shop front. Internally
the unit benefits from tiled flooring, a suspended ceiling with inset lighting
and a small office to the rear. The first floor of the property consists of
carpet flooring, plastered and painted walls, fluorescent strip lighting and
WC facilities. Externally there is an electric metal roller shutter to the
front.
**Services**
We are advised all main services are connected to include mains gas, water and
three phase electricity.
Mason Young Property Consultants has not checked and does not accept
responsibility for any of the services within this property and would suggest
that any in - going tenant or occupier satisfies themselves in this regard.
**Energy Performance Certificates**
Details available upon request.
**Tenure/Rent**
The Freehold interest is available at a quoting price of £267, 000, subject to
contract.
The property is let on a 10 - year lease with effect from August 2020, the
passing rent is £20, 000 per annum exclusive. There is an upward only rent
review at the 5th year.
**Terms**
The entire property is currently let on a 10 - year lease with effect from
August 2020, the passing rent is currently at £18, 000 per annum exclusive.
There is an increase to £20, 000 per annum excusive with effect from 18th
August 2021. There is also a upward only rent review at the 5th year.
**Business Rates**
Interested parties are advised to make their own enquiries to Birmingham City
Council on .
**Legal Costs**
Each party to be responsible for their own legal costs incurred during this
transaction.
**Viewing**
Strictly by prior appointment with sole agents, Mason Young Property
Consultants.

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