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Units 1-3, 23 Watford Road, Cotteridge B30 1JB

Guide Price
£650,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Commercial property for sale

Key features

  • Freehold Mixed Use Investment
  • Comprising 3 shops, 3 self-contained maisonettes and 8 garages
  • Well located within the Bournville ward of Birmingham
  • Majority let with ongoing asset management potential
  • VAT is not applicable
  • Six Week Completion Available
  • Total Current Rents Reserved £75,120 p.a. plus 2 vacant garages (reflecting 11.55% GIY)

Description

The property is arranged to provide 3 ground floor shops with 3 self-contained 3 bedroom maisonettes above. To the rear of the block are 8 garages.

Two of the maisonettes are let on AST's while the third is let together with Unit 3.

Cotteridge is a residential suburb and B30 postcode area within the Bournville ward of Birmingham, England, known for its independent shops, green spaces, and village-like atmosphere, while also providing good access to the city centre.

Cotteridge is within the Bournville ward, home to Cadbury World which attracts over 600,000 visitors annually.

Nearby occupiers include Heron Foods, Spar, Subway and Poundstretcher amongst others.

Transport
Rail - Kings Norton Railway station is a c. 5 minute walk away and provides regular services to Birmingham New Street, Bromsgrove and Redditch amongst others.

Road - Access into Birmingham City Centre to the north is via the A4040 and A38. to the south is the M42 motorway.

Units 1-3, 23 Watford Road, Cotteridge B30 1JB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kings Norton Station0.3 miles
  • Bournville Station0.7 miles
  • Northfield Station1.5 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

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Disclaimer - Property reference 96F5562C-7D73-40FF-BCB4-3896C4ED3098. 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 Savills, Savills Auctions- Commercial. 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.

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