612 Kingsbury Road, Erdington, Birmingham, West Midlands, B24 9PJ
£118.40 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,196 sq ft
204 sq m
- SECTOR
High street retail property for sale
Key features
- Prominent location within busy suburban retail parade
- Neighbouring retailers include William Hill, Greggs and Lidl
- Ground floor currently let - £12,000 pax
- Would suit investor or for potential owner occupier.
- First Floor Flat let on AST agreement - £510 pcm
- Rental Growth potential
Description
The property is prominently located within an established local parade fronting Kingsbury Road close to its junction with Tyburn Road. The parade comprises a mix of local and national retailers, most notably to include William Hill, Greggs, One Stop and Papa Johns Pizza.
Description
A two storey mid-terrace property comprising ground floor retail premises and rear garage together with a self contained first floor flat which is approached from the rear and provides lounge, bedroom, bathroom, WC and kitchen.
Floor Areas
Ground floor sales area: 78.97 sq m / 850 sq ft
Rear ancillary: 24.52 sq m / 264 sq ft
First floor flat: 59.36 sq m / 639 sq ft
Rear garage: 41.13 sq m / 443 sq ft
Terms
Freehold subject to the following tenancies:
The ground floor shop and rear garage is currently let to Dashelles Hair & Beauty on a short term lease (outside of the protection of the LL&T Act 1954) expiring 31st January 2026 at a rental of £12,000 pa exclusive. Consideration may be give to this lease being extended, or alternatively vacant possession can be provided.
The first floor flat is currently let on an Assured Shorthold Tenancy agreement for a term of 12 months expiring 30th November 2026 at a rental of £510 per calendar month.
Copies of the agreements are available on request.
EPC
Energy Performance Rating C-75.
Rates Comments
Ground floor shop - current rateable value £9,300
First floor flat - Council Tax band A
Interested parties are advised to make their own enquiries with the Local Authority (Birmingham) for verification purposes.
Money Laundering
In accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant.
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction, although an undertaking to cover the vendors legal costs in the event that the purchaser withdraws once solicitors are instructed.
VAT
All figures quoted are exclusive of VAT which we understand will not be applicable.
Brochures
612 Kingsbury Road, Erdington, Birmingham, West Midlands, B24 9PJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Erdington Station1.0 miles
- Chester Road Station1.3 miles
- Gravelly Hill Station1.4 miles
About Burley Browne, Sutton Coldfield
1a Mitre Court, 38 Lichfield Road, Sutton Coldfield, West Midlands, B74 2LZNotes
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