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45 Walmley Road, Sutton Coldfield, West Midlands, B76 1NP

Offers in Region of
£210,000

£300.00 per sq ft

Business rates & charges may apply

Burley Browne, Sutton Coldfield
SIZE AVAILABLE

700 sq ft

65 sq m

SECTOR

High street retail property for sale

Key features

  • Rare opportunity
  • 99 yr lease from 25th December 1999
  • Affluent and vibrant retail location
  • Let to estabished funeral directors
  • Current income £16,000 per annum exclusive

Description

The premises are is situated in the centre of Walmley Village, close to its junction with Wylde Green Road, within a parade of shops to include Acres Estate Agent, Walmley Drinks, and Ré Spa, and benefitting from off road customer parking behind a service road. Other occupiers within Walmley include the likes of Co-op, Lloyds Pharmacy, Post Office together with a mix of local retailers.

Walmley is a popular suburb on the outskirts of Sutton Coldfield and are well placed for access to the A38, M42, M6 Toll and Birmingham City Centre.

A modern self contained ground floor retail unit let to C. Crawford Funeral Directors. Rear access for loading and unloading is provided via a gated courtyard and approached off Wylde Green Road.

The property is held on a long leasehold basis for a term of 99 years from 25 December 1999 at a ground rent of £195 pa, which increases to £390 pa from 25 December 2032, and to £780 pa from 25 December 2065.

The property is currently let to Celina Crawford (Funeral Director) on a 10 year lease from 24 March 2025 at a rent of £16,000 pa exclusive, subject to tenant breaks at the 3rd and 7th anniversary of the lease, and rent review at the 5th anniversary.

Copies of the title documents and the lease are available via the data room which can be accessed via our website - click here

In accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant. For a company, any person owning more than 25% must provide the same.

Each party will be responsible for their own legal costs incurred in the transaction.

Brochures

45 Walmley Road, Sutton Coldfield, West Midlands, B76 1NP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wylde Green Station1.3 miles
  • Chester Road Station1.4 miles
  • Erdington Station1.9 miles

About Burley Browne, Sutton Coldfield

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

Burley Browne were established in 1999 and are now regarded as one of the West Midlands leading independent commercial property consultants. Burley Browne provide a comprehensive range of commercial property services to a wide variety of clients from private individuals and small businesses through to pension funds, banks, property investors and developers, multi-national companies and national retail and leisure operators.

Burley Browne are excellently placed to meet clients' needs with the added advantage of a truly personal and professional service offered by the Directors and their dedicated, dynamic and driven team.

From our Sutton Coldfield head office, Burley Browne are unique in providing specialist knowledge of the North Birmingham and Staffordshire areas (which include Sutton Coldfield, Lichfield, Tamworth and Walsall), whilst also serving the wider West Midlands region.

Burley Browne also act for a number of national restaurant operators, and have acquired premises across the UK in the majority of the country's major shopping centres and leisure destinations.

Our association with PAI, a network of individual commercial surveying practices spread throughout the UK, enables the business to offer national coverage.

To discuss how Burley Browne can assist in your commercial property related matters whether that be sales, lettings, acquisitions, valuations, rent reviews, lease renewals, development / investment advice, rating assessments or management, please contact us.

Notes

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