290 Wake Green Road, Birmingham, B13 9QP

Description
290-292 Wake Green Road is a prominent mixed-use investment occupying an established position within the Wake Green Road frontage. The property comprises ground floor retail, ground and first floor offices and two residential flats, producing a total rental income of £38,120 per annum.

Lowson Ward occupies the ground and first floors of 292-292A, and Courtney Hair & Beauty occupies the ground floor of 290. The two residential flats, 290A and 290B, are on the ground and first floors adjacent to and above Courtney Hair & Beauty.

The principal commercial occupiers have been established at the property since the early 1990s, and both commercial leases were renewed in 2026, providing continuity of income.

Location
The property is on Wake Green Road, an established local thoroughfare approximately 4 miles south of Birmingham city centre, between the popular suburbs of Moseley, Hall Green and Kings Heath. Moseley Village is close by, offering a wide range of shops, restaurants, cafés and professional services. The A435 Alcester Road and A4040 Outer Circle provide good road links across south Birmingham and the wider West Midlands, and local bus services run along Wake Green Road.

Tenancy Schedule
290, Ground Floor: Courtney Hair & Beauty (Marie Delores Courtney)
£8,000 pa, payable quarterly in advance. 6-year lease from 24 August 2026 (expiring 23 August 2032). Tenant break on 24 August 2029, on 6 months’ notice. Tenant responsible for the shopfront.

292-292A, Ground and First Floors: Lowson Ward Ltd
£15,000 pa, payable monthly in advance. 10-year lease from 11 June 2026 (expiring 10 June 2036). Upward-only rent review at the landlord’s option at the end of every fifth year (next review: 11 June 2031). Conditional tenant break on 11 June 2031, on 6 months’ notice (subject to rent paid, covenants performed and vacant possession).

290A, Ground Floor Flat: £9,000 pa
290B, First Floor Flat: £6,120 pa (regulated tenancy)

Total: £38,120 per annum
Both commercial leases are on internal repairing and insuring terms. Lease terms are subject to verification by the vendor’s solicitors.

Investment Summary
A diversified mixed-use investment combining commercial and residential income, with long-established tenants and recently renewed leases. Suited to private investors, property companies and owner-managed portfolios.

Insurance & Forecourt Costs
The landlord insures the property and recharges the commercial tenants their share of the premium. Forecourt costs are recovered from the commercial tenants on a fair-share basis, with the balance retained by the landlord.

Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.

Viewings
Viewings are strictly by appointment with the Agents.