Wellington Road, Birmingham, B20
Size
2,266
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
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
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
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Floors in building
- 2
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Wellington Road, Birmingham, B20
About First City Limited, Wolverhampton
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.
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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.