Retail Property (high street) for sale

The Parade, 123 The Parade, Sutton Coldfield, B72

Offers in Region of £1,300,000

Property Description

Key features

  • 123 The Parade, Sutton Coldfield, B72 1PU
  • The property is prominently situated on the corner of The Parade and Holland Street at its junction with Birmingham Road within Sutton Coldfield Town Centre.
  • Ground Floor premises let to Bank of Cyprus on FRI terms to expire 5/11/2026 at a rental of 58,000 per annum exclusive subject to tenant only break clause and rent review 11/2021. If tenant break not
  • Ground Floor let to Bank of Cyprus at a rental of 58,000 per annum First Floor - vacant restaurant available to let at a rental of 40,000 per annum
  • Prominent Town Centre location close to ASK Italian, Wetherspoons, Nandos, Brewhouse & Kitchen, Quinto Lounge and Pizza Express
  • FREEHOLD RETAIL / RESTAURANT INVESTMENT
  • Offers invited. Guide price: Offers in the region of 1.3m

Full description

Ground Floor premises let to Bank of Cyprus on FRI terms to expire 5/11/2026 at a rental of £58,000 per annum exclusive subject to tenant only break clause and rent review 11/2021. If tenant break not served BofC receive 6 months rent free

The first floor restaurant which is currently vacant and comprises an approximate total floor area 324.96m/3,498 sq ft is being offered to let at a quoting rental of £40,000 per annum exclusive has a self-contained substantial entrance onto Holland Street with staircase and customer lift to the first floor.


More information from this agent

Nearest stations

  • Sutton Coldfield (0.3 mi)
  • Wylde Green (1.0 mi)
  • Four Oaks (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Burley Browne, Sutton Coldfield

1a Mitre Court, 38 Lichfield Road, Sutton Coldfield, West Midlands, B74 2LZ

0121 396 0071 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Sutton Coldfield (0.3 mi)
  • Wylde Green (1.0 mi)
  • Four Oaks (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Burley Browne, Sutton Coldfield

1a Mitre Court, 38 Lichfield Road, Sutton Coldfield, West Midlands, B74 2LZ

0121 396 0071 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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