{"loaderData":{"0-8":{"propertyListing":{"building":{"id":"749135345650849","summary":"*Freehold Investment Property For Sale - Part vacant *Comprising of 2 Shops & 2 self-contained Flats having own access *1 Shop let to a Franchisee of Subway, other Shop currently vacant (ex Costa Coffee Shop) and available to let *Prime Location adjacent to Savers, McDonalds & Heron Frozen Foods","archived":false,"description":"Northfield is one of Birmingham’s principal Satellite Towns.

The property occupies one of the busiest and prominent trading locations being situated on a busy crossroads.

It is situated directly adjacent to McDonalds with other occupiers close by including Heron Frozen Foods and Savers. It is directly opposite the Northfield Shopping Centre.

There is a public car park adjacent to the parade, with several bus stops to the front.

The property comprises of a large corner building having 2 shops at ground floor and 2 self-contained flats upon the first floor, accessed from the rear.

One of the shops (723) is let to a Franchisee of Subway, the other (723a) is currently vacant and most latterly traded as a Costa Coffee Shop. It is on the market to let separately, details available on request.

There is rear servicing access.

The property comprises of the following approximate gross internal floor areas:-

•\t723 (Subway)

Ground Floor: c.1,075 sq ft (100 sq m)
Basement: (not measured)

•\t723a (Vacant – ex Costa Coffee)

Ground Floor: c.2,000 sq ft (186 sq m)

•\tFlat 1 - 2 bedrooms

•\tFlat 2 - 1 bedroom

Tenancies:-

•\t723 (Subway)

Let to a Franchisee of Subway from 1/4/22 to 31/3/37 subject to a rent review on 1/4/27, and tenant-only break options on 1/4/27 and 1/4/32. The passing rent is £22,000pa. The lease is essentially FRI (excluding basement) and is excluded from sections 24 – 28 of the Landlord & Tenant Act 1954, referred to as “outside of the Act”.

•\t723a (Vacant)

Currently on the market to let, quoting £29.500pa

•\tFlat 1

Let on an AST at a rent of £695 pcm

•\tFlat 2

Let on an AST at a rent of £575 pcm

•\tTotal current rent:\t£37,240pa
•\tEstimated rental value:\tc.£66,740 pa

Price - £775,000, subject to contract

It is understood that VAT will be charged on the sale proceeds.
","disclaimer":{"raw":"Disclaimer - Property reference 723723aBRS. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Nick Brett, Bromsgrove. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Freehold Investment Property For Sale - Part vacant - ex Costa Coffee Shop","Prominent corner building – comprising of 2 Shops & 2 self-contained Flats having own access","1 Shop let to a Franchisee of Subway, other Shop currently vacant (ex Costa Coffee Shop) and available to let separately","Prime Location – Adjacent to Savers, McDonalds & Heron Frozen Foods","Opposite Northfield Shopping Centre","Current rental income £37,240 pa – ERV c.£66,740 pa","Rear servicing access","Car parking close by"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":775000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":0,"yearBuilt":null,"yearRenovated":null,"listedBuilding":false,"numberOfFloors":0,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/153162e29/749135345650849/153162e293807f9278682b5d0578e2de.pdf","description":"Brochure"}],"photos":[{"uri":"property-photo/c69b3bbc6/749135345650849/c69b3bbc60866e4d254c26d89f4bcb8a.jpeg","description":""},{"uri":"property-photo/983870246/749135345650849/983870246c8784c1102d20522f94c3f1.jpeg","description":""},{"uri":"property-photo/77c983c8c/749135345650849/77c983c8c63c8e7c4076e06acb8f44d1.jpeg","description":""},{"uri":"property-photo/d02c80c6b/749135345650849/d02c80c6b5412e86308fba69911885b3.jpeg","description":""},{"uri":"property-photo/cf45c10ee/749135345650849/cf45c10ee044f45d39c6c979ca3c5066.jpeg","description":""},{"uri":"property-photo/931b3031e/749135345650849/931b3031e89eb75d15a2e9330da8e95e.jpeg","description":""},{"uri":"property-photo/02093bbf6/749135345650849/02093bbf6cb4a71e95a1e750c1f5d8ea.jpeg","description":""}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":null,"size":null,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"723-723a Bristol Road South, Northfield, Birmingham","showMap":true,"postcode":{"incode":"2NG","outcode":"B31"},"streetView":{"latitude":52.416714,"longitude":-1.969956,"heading":-12.476094,"pitch":0,"zoom":1,"showStreetView":true},"latitude":52.416655,"longitude":-1.970113},"nearestStations":[{"distance":0.6554591828947561,"name":"Northfield Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.4915143098184531,"name":"Longbridge Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.5445253306602773,"name":"Kings Norton Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Nick Brett, Bromsgrove","email":null,"profileUrl":"/estate-agents/agent/Nicholas-Brett-and-Co/Bromsgrove-106556.html","logo":"/partner-logo/13310588-LOGO-1765966624.jpeg","id":106556,"description":"

Nicholas Brett & Co is a niche practice focused primarily on retail and commercial property throughout the Midlands and further afield. Nick Brett BSc MRICS established the practice in 1998 and is a Chartered Surveyor having in excess of 30 years experience.

We act for landlords, tenants, developers and investors throughout the UK. We advise on lettings and disposals, acquisitions, rent reviews, lease renewals and dispute resolution. In addition we offer investment and development advice continually looking for angles to add value and maximise return

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