Stratford Road, Birmingham
Asking Price £4,500,000
Retail Property (High Street)
Overview
Retail Property (High Street) for sale in Stratford Road, Birmingham
A well-presented Freehold investment property, composing thirteen units across two floors, with off street parking plus potential to extend further. Located in the increasingly established and popular location.
Key Features:
- Circa 1069.84 m2 (11516 sqft) Current income of £298,900.00/pa Off street Parking Fully Let Opportunity Retail and Offices Increasingly Popular B11 Location Potential for further improvements
Location
The prominent property is located in the increasingly popular A34 Stratford Road Sparkhill, on the Junction with Nansen Road. Circa 4.2 miles from the City Centre with ready access into the city or out to the M42 motorway network.
Description
A two story property with retail units on the ground floor with office units above and warehouse to the rear (access from Nansen Road). The property is currently occupied by nine tenants with the further benefit of income from the telecoms mast and rented parking in front of the retail units.
Terms
Current Income: £298,500.00/pa (see schedule attached)
Price
Offers sought in the region of £4.5 Million subject to contract.
VAT
We are advised the unit is not elected for VAT
Viewings
Strictly by appointment with sole agents Maguire Jackson.
Legal Costs
Each party is to be responsible for their own legal costs.
Money Laundering
The money laundering regulations require identification checks to be undertaken by all parties purchasing or letting properties. We will therefore be requesting proof of identification for all the parties involved in the transaction.
Sorry! There are no available floor plans for this property.
Sorry! An EPC is not available for this property.
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