Shepherd Commercial, Solihull

Parkview Trading Estate, Kings Norton, Birmingham, B30 3JX

£1,450,000

Size

21,215

Tenure

Freehold

EPC

Parking

49

Primary use
Distribution warehouse

No floor / site plan

Key features

  • Investment Sale
  • Significant Reversionary Potential
  • 49 Car Parking Spaces
  • Multiple Tenants Holding Over (Inside LTA 1954)
  • Prominent Positioning unto Pershore Road
  • Zero Arrears Status

Description

Description
Parkview Trading Estate comprises an established multi-let industrial estate arranged around a central service yard, providing a range of workshop, warehouse and light industrial accommodation across eight units. Units 1–3 are occupied as a single demise, with the remaining accommodation arranged as individual units. Unit 5 is currently vacant, whilst the majority of the occupied units are held over following expiry of their contractual lease terms, providing an incoming purchaser with a significant opportunity to undertake lease renewals, improve the income profile and capture rental reversion. The estate benefits from dedicated servicing and car parking areas and represents an attractive asset management opportunity within an established Birmingham industrial location.

Location
Parkview Trading Estate is prominently situated at 107 Pershore Road South, Kings Norton, Birmingham, with direct access from Pershore Road South (A441), one of the principal arterial routes connecting Birmingham city centre with the southern Birmingham suburbs. The estate is well positioned for access to Kings Norton, Cotteridge, Stirchley and Bournville, whilst Birmingham city centre lies approximately 6 miles to the north. The location also provides convenient access to the wider West Midlands road network, including the A38 and M42, making the estate well placed to serve both the Birmingham conurbation and the wider region.

Viewings
Strictly by appointment with Shepherd Commercial

Specifications
Unit 1-3 - 13,132sqft
Unit 4 - 1,580sqft
Unit 5 - 1,119sqft (VACANT)
Unit 6 - 3,067sqft
Unit 7 - 1,359sqft
Unit 8 - 958sqft
Shepherd Commercial, Solihull

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Additional information
Clear height
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Yard depth
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Service charge
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Business rates
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Use class
B2
Listed building
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Energy performance certificate: C

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Environmental data
BREEAM rating
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Environmental description
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Brochure

Parkview Trading Estate, Kings Norton, Birmingham, B30 3JX

NEAREST STATIONS

National Rail

Kings Norton Station

0.08 miles

National Rail

Bournville Station

1.01 miles

National Rail

Northfield Station

1.39 miles

About Shepherd Commercial, Solihull

Shepherd Commercial, Solihull

Based in Birmingham and and Solihull, we are an established renowned firm of chartered surveyors and managing agents serving the entire West Midlands.

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Disclaimer - Property reference 398792-1. 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 Shepherd Commercial, Solihull. 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.