45 Walmley Road, Sutton Coldfield, West Midlands, B76 1NP
- 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
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
Notes
Disclaimer - Property reference 8144FH. 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 Burley Browne, Sutton Coldfield. 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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