120 Haslucks Green Road, Shirley, Solihull, B90 2EH
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Established Busy Parade
- Fully Let Investment
- Current Income £24,100pa
- Asset Management Potential
- Freehold
Description
The property comprises a pair of retail units with self-contained residential accommodation above.
The accommodation is arranged as follows:
120a - shop 358 sqft, plus additional office of 141 sqft The net floor area is 499 sqft. In addition there is a cellar of 179 sqft providing basic storage.
120b - shop 453 sqft rear stores 111 sqft and kitchen 64 sqft. The net internal floor area is 628 sqft
Flats 120 C & D - The Upper Floors are access via Ground Floor lobby and comprise one two bedroom and one one bedroom self contained flats that are occupied via 90 year long leases.
Location
Shirley is essentially “good quality chimney pots and lots of them”. Haslucks Green Road is one of its busiest arteries and is popular with traders and shoppers alike. Shirley is located in the borough of Solihull in the West Midlands. The conurbation has a population of 36,000 people.
The subject property occupies a prominent position within a busy retail parade including Co-Op Food, with a good supply of free customer parking.
Tenure
Freehold subject to the following Tenancies:
Tenancies
120a - let to C Partridge, trading a Estate Agents, for 10 years from 1 October 2018 at a rent of £9000pa subject to upwards only rent review at the end of the 5th year, which is still outstanding.
120b - Let to Grace Roberts, trading as hairdressers, for 10 years from 1 July 2022 at a rent of £15,000pa subject to upwards only rent review at the end of the 5th year, which is still outstanding.
120 c&d - both let for 90 years from 25 March 1991 at a ground rent of £50pa.
There is clear asset management potential to increase the passing rents on the shops and to negotiate lease extensions on the upper floors.
Services
Mains services are available
Legal Fees
Each Party to bear their own legal fees.
Energy Performance Certifciate
TBC
Viewing
Strictly by appointment with our reception on
Purchase Price
£325,000
- Service charge
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- Business rates
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- Use class
- E
- 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
120 Haslucks Green Road, Shirley, Solihull, B90 2EH
About Benjamin Stanley Ltd, Redditch
John Truslove is a Redditch based property consultancy which was established over 30 years ago.
We advise clients on all aspects of commercial property within the West Midlands, Worcestershire and Warwickshire.
The first and most important thing for you to know is that, quite simply, we aim to be good and honest.
Good to deal with, honest and true, professional and effective.
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Disclaimer - Property reference 396383-1. 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 Benjamin Stanley Ltd, Redditch. 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.