254-258 LOZELLS ROAD, BIRMINGHAM, WEST MIDLANDS, B19 1NR

RETAIL SHOWROOM PREMISES WITH FIRST & SECOND FLOOR ACCOMMODATION & ON-SITE CAR PARK – INCOME PRODUCING – FREEHOLD

Educational/Community

Investment

Land

Office

Retail

SOLD

£495,000
Location:

The property is located on Lozells Road close to the junction with Villa Road & Heathfield Road, just a few minutes away from the B4124 Hamstead Road.  The B4124 being a main arterial route from Handsworth Wood to Hockley which further leads into Birmingham City Centre.  Birmingham City Centre is approximately 2 miles from the subject property.

Description:

The property comprise of a mid-terraced two storey building of brick built construction surmounted by a pitched slate roof.  The property whilst it fronts the main Lozells Road is accessed from the rear via George Street.  The ground floor consists of a substantial retail showroom with ancillary cellular offices to the rear as well as the upper floors.  There are kitchen and toilet facilities located on the first floor.  In addition to this accommodation, there is further accommodation on the upper floors to the rear of the property; these are mainly open plan on the first floor with a plant room on the second floor for the various telecommunication masts sited on the building.  Internally the property benefits from a glazed shop front at the rear with a metal sliding door, a mixture of carpets & laminated flooring, gas fired central heating, three phase electricity, fluorescent strip lighting, a goods lift and an alarm.  To the rear of the property is an on-site car park which is suitable for customer/staff parking.

Accommodation
Ground Floor
1,831 Sq Ft
170 Sq M
First Floor
3,044 Sq Ft
283 Sq M
Second Floor
2,865 Sq Ft
266 Sq M
Basement
1,432 Sq Ft
133 Sq M
Car Park
2,349 Sq Ft
218 Sq M
Total Sq Ft:
11,521 Sq Ft
Total Sq M:
1,070 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected.

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.

Tenure / Price:

The freehold interest is available at a quoting price of £495,000 exclusive, subject to contract.  We understand from the vendors that there are two telephone masts on site which produces an income of £20,000 per annum exclusive.  Further details upon request.

Business Rates:

The property is currently listed within the 2010 rating listing as having a rateable value of £14,250.  Rates payable will be in the region of £6,897 per annum.

Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.

VAT:

We understand that the property is not elected for VAT.

Legal Costs:

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing:
Strictly by prior appointment with the sole agents,
Mason Young Property Consultants.
Contact Details:
Arjamand Farooqui BSc (Hons)
Tel: 0121 285 3535
Mob: 07929 410 481
Email: af@masonyoung.co.uk

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