74A&B Walsall Road, Sutton Coldfield, West Midlands, B74 4QY
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Character freehold in exceptional Birmingham Suburb
- Dedicated rear parking for 8+ vehicles
- Prominently located on Walsall Road
- Freehold
Description
Situated just north of Birmingham in the Royal Town of Sutton Coldfield, Four Oaks is an affluent, well-regarded and established area known for its excellent transport links, professional community, and attractive surroundings.
The location benefits from a strong local demographic, a mix of independent businesses and national retailers, and close proximity to Sutton Park, offering green space and amenities for both employees and clients.
Description
This unique freehold investment opportunity is situated just north of Birmingham, in the affluent, well-regarded suburb of Four Oaks. Comprising two income-producing ground floor retail units with a single residential dwelling above. The total passing rent is £41,000 pax.
Tenure Comments
We are seeking offers over £500,000 (exclusive) for the freehold interest. The property could be sold as a TOGC, subject to a buyer being eligible.
EPC
74a - Under re-assessment
74b - C(67) - Expires November 2035
Service Charge Information
Given the minimal amount of shared services, the landlord operates an ad-hoc service charge, where communal costs are recharged in arrears after they are incurred.
Planning
The retail premises operate under E Class and the first floor apartment is consented residential.
VAT
The premises is elected for VAT and therefore this may be payable in addition to the purchase price.
Legal Costs
Each party to be responsible for their own legal costs.
- Service charge
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- Business rates
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- Use class
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- Listed building
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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
74A&B Walsall Road, Sutton Coldfield, West Midlands, B74 4QY
About Creative Retail, Birmingham
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.
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Disclaimer - Property reference 585FH. 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.