The property occupies a prominent position fronting the main A38 Bristol Road South, a busy arterial through route, serving Birmingham City Centre from the south west. The property is situated within an established local retail parade near to the junction with School Close. Northfield is located approximately 8 miles south west of Birmingham City Centre. Surrounding occupiers include a number of local fast-food outlets, hairdressers and convenience stores.
The premises comprise a mid-terraced two storey property of brick-built construction surmounted by a pitched roof. Internally the ground floor retail unit benefits from a glazed shop front, a solid floor with a mixture of tiled and linoleum covering, tiled walls, extraction canopy, suspended ceiling with LED lights, a rear store and WC facilities. The first floor is accessed via a separate side door to the front and provides three bedrooms, lounge and a kitchen and bathroom. Externally the property has an electric metal shutter to the front of the premises.
Energy Performance Certificate:
Details available upon request.
We are advised all main services are connected.
Interested parties should contact Birmingham City Council Planning Department on 0121 303 1115.
Tenure / Price:
The freehold interest is available at a quoting price of £275,000, subject to contract.
The entire property is currently let on a 15-year lease with effect from November 2019 at a passing rent of £17,600 per annum exclusive.
The ground floor is currently listed within the 2017 rating listing as have a rateable value of £5,100. Rates payable will be in the region of £2,544.9 per annum. Interested parties are advised to make their own enquiries to Birmingham City Council on 0121 303 5511.
We understand that the property is not elected for VAT.
Each party to be responsible for their own legal costs incurred during this transaction.