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423/423A Birmingham Road, Sutton Coldfield, West Midlands, B72 1AX

Offers Over
£300,000

£291.26 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

1,030 sq ft

96 sq m

SECTOR

High street retail property for sale

Key features

  • Excellent trading location
  • Vacant ground floor
  • 2 bedroom apartment generating £13,200 pa.
  • Ground Floor NIA - c1,030 sq. ft .
  • Close to Co-op, Dominos and Loungers
  • Generous free on street car parking

Description

Location

The premises front onto the busy Birmingham Rd, lie close to the junction with Holifast Rd and form part of the busy Wylde Green Shopping centre, where many local and national operators are represented including Costa, Tesco Express and Betfred.

Description

The premises comprises of a large restaurant/take-away unit that benefits from a modern extraction system, fully glazed frontage and rear access for deliveries. Above is an independently accessed 2 bedroom apartment let by way of an AST at £1,100pcm.

Tenure Comments

The premises are available freehold.

EPC

The premises have an EPC rating of B (44). The certificate is available on request.

Planning

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.

VAT

The property is not registered for VAT purposes.

Legal Costs

Each party to be responsible for their own legal costs. The purchaser is to contribute £750 + VAT towards to sellers' legal costs before solicitors are instructed.

Brochures

423/423A Birmingham Road, Sutton Coldfield, West Midlands, B72 1AX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chester Road Station0.2 miles
  • Erdington Station0.7 miles
  • Wylde Green Station0.7 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

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Disclaimer - Property reference 491FH. 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 Creative Retail, Birmingham. 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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