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Wellington Road, Birmingham, B20

Guide Price
£225,000

£99.29 per sq ft

Business rates & charges may apply

First City Limited, Wolverhampton
SIZE AVAILABLE

2,266 sq ft

211 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: B1 Business

B1

Key features

  • Investment opportunity comprising two storey premises
  • Two Individual Tenancies
  • Current Rental Income £16,000.00 p.a.
  • Flexible commercial space with carparking

Description

Location

Close to the local centre in a suburb of Birmingham known as Perry Barr. The local area has a mix of residential and retail properties. The area has seen recent significant investment due to the Commonwealth Games.

Description

A two storey former warehouse/workshop. Ground floor area being occupied by Electrical Contractor with first floor occupied by a wedding and bridal business. Brick and render elevations under a pitched roof.

Accommodation

The ground and first floor areas measure 1,133 sq ft making a total of 2,266sq ft over the two floors.

There is a car park area plus a small landscaped area to the side of the building.

Tenure

The property is Freehold and will be sold subject to the existing tenancies.

Tenancies

Ground Floor : Six Year Lease from 17/10/2020 annual rent of rent £8,500.00.

First Floor : Occupied under a Tenancy at Will annual rent of £7,500.00. Terms agreed for a new Lease.

Services

We understand that all mains services are connected.

Business Rates

311 Wellington Road (Ground Floor) £6,100.00

311a Wellington Road (First Floor) £3,650.00

EPC

311 Wellington Road (Ground Floor) C58

311a Wellington Road (First Floor) B40

Method of Sale

The guide price is £225,000.00 (Two Hundred and Twenty Five Thousand Pounds). We reserve the right to set a date for final and best bids.

Viewings

By appointment through the sole Agents.

All enquiries to First City The Property Consultancy quoting reference: 5421

Brochures

Wellington Road, Birmingham, B20

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Perry Barr Station0.1 miles
  • Witton Station0.9 miles
  • Hamstead Station1.4 miles

About First City Limited, Wolverhampton

19 Waterloo Road, Wolverhampton, WV1 4DY

At First City we have a single, clear goal: to help our clients unlock the value of their interests in land and property.

We bring a unique mix of experience and professional skills to the task together with the imagination and foresight to see opportunities and potential where others see only problems.

Fundamental to any successful organisation is its people. We pride ourselves on having a group of professional, highly motivated and experienced staff. It’s a team that’s flexible in its approach and focused on finding innovative ways to deliver added value for our clients.

Our staff are all highly qualified professionals and members of appropriate organisations such as The Royal Institution of Chartered Surveyors and The Royal Town Planning Institute.

We work in dedicated project teams to a quality control system accredited under ISO9001:2015 and draw on a network of specialist support consultants as needed. We bring a unique mix of experience and professional skills to the task together with the imagination and foresight to see opportunities and potential where others see only problems.

Our objective is to work with clients in a flexible and collaborative way to save them time, money and avoid stress wherever possible.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5421. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by First City Limited, Wolverhampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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