64 STATION ROAD, MARSTON GREEN, BIRMINGHAM, B37 7BA

TWO STOREY MIXED-USE PREMISES – INCOME PRODUCING – FREEHOLD

Investment

RECENTLY REDUCED

£425,000
Location:

The property is located on Station Road in the centre of the village of Marston Green and set within a parade of shops within close proximity to Wayside and Chelmsley Lane. Surrounding occupiers include Little Scallywags Day Nursery, estate agents, pharmacy and funeral directors. The premises are located within a predominantly residential area and benefit from high levels of footfall with Marston Green Junior School in close proximity. Birmingham International train station is located approximately 1.8 miles from the subject premises and provides transport links across Birmingham and into London.

Description:

The premises comprise of a mixed use two-storey building of brick-built construction surmounted by a pitched tiled roof. Internally, the property consists of a restaurant/takeaway on the ground floor, which benefits from a glazed shop front, solid floor with tiled covering, timber effect clad walls, plastered and painted ceiling with inset spot lights. The kitchen has an extraction system, stainless steel backed walls, grills and fryers, store and WC facility. The residential accommodation is accessed via the rear and comprises of a 3-bedroom house with separate kitchen and bathroom and has timber floors with carpet covering, plastered and painted walls and ceilings and light points. The property also has a single room en-suite annex located at the rear of the property. Externally, the property has two access points. The ground floor is accessed from Station Rd and the flat is accessed by secure metal gates from the rear via Malthouse Row. Car parking is available to the front and rear.

Accommodation
Ground Floor Retail
632 Sq Ft
59 Sq M
Ground Floor Residential
384 Sq Ft
36 Sq M
Ground Floor Annexe
255 Sq Ft
24 Sq M
First Floor Residential
332 Sq Ft
31 Sq M
Sq Ft
Sq M
Total Sq Ft:
1,603 Sq Ft
Total Sq M:
149 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected to include mains gas, water and 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.

Planning:

Interested parties should contact Bickenhill & Marston Green Parish Council Planning Department on 0121 779 4040.

Tenure / Price:

The freehold interest is available at a quoting price of £425,000 subject to contract.

The ground floor retail shop is currently let on a 10-year lease expiring in March 2032 at a passing rent of £20,800 per annum exclusive. The residential accommodation is let on a 3-year AST at a passing rent of £12,000 per annum exclusive; giving a total income of £32,800 per annum exclusive.

Business Rates:
Interested parties should contact Bickenhill & Marston Green Parish Council Planning Department on 0121 779 4040.
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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