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1076 Warwick Road, Acocks Green, Birmingham, West Midlands, B27 6BH

Offers in Region of
£495,000

Business rates & charges may apply

Bond Wolfe, Commercial Sales
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SECTOR

Commercial property for sale

Key features

  • Two storey Freehold retail property in established retail parade
  • Prominent location in the heart of Acocks Green
  • 2,421 sq. ft. over ground and first floors
  • Let to Merkur Slots UK Limited on a 15 year lease, expiring 26/05/2036
  • Passing rent - £35,000 per annum
  • Break clause not exercised
  • Offers based on £495,000

Description

by private treaty.

Offers based on £495,000 are sought for the Freehold interest, subject to the existing tenancy.

Freehold retail investment let to established national operator

The property comprises a ground floor retail area shop with ancillary accommodation to the first floor and service access to the rear.

Accommodation
Ground Floor retail area 1,463 sq. ft.
First floor ancillary accommodation 958 sq. ft.
Total 2,421 sq. ft.

Location
The property is located on Warwick Road (A41), some 6 miles south east of Birmingham City
Centre. Solihull is 4 miles to the south east, Birmingham International Airport is 5 miles to the east, while the NEC is 9 miles to the east.
The M42 motorway is 5 miles to the south via Junction 5 and Junction 5 of the M6 Acocks Green shopping centre is on the north side of Warwick Road, fronting on to the roundabout junction with Westley Rd and Shirley Rd.
This leads to Acocks Green rail station, less than a mile from the property. Motorway is 6.5 miles to the north.
Acocks Green rail station is located in close proximity and has frequent services to
Birmingham Snow Hill (9 minutes) and Solihull (6 minutes).

Tenure
Freehold, subject to existing tenancy

Tenancy
Merkur Slots UK operates a large network of Adult Gaming Centres (AGCs) across the UK and is part of the wider German-owned Merkur Group. The company has been expanding its UK estate, opening new venues and investing in high-street locations. They currently operate from over 220 stores throughout the UK.
Tenant profile for year ending December 2026
Turnover: £196,715,000
Pre-tax profit: £6,707,000
Total assets: £68,073,000

VAT
The property is elected for VAT, though it is anticipated that the sale will be dealt with by way of a TOGC.

EPC
B Rating.

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

Anti Money Laundering
Under HMRC and RICS regulations in addition to the Criminal Finances Act 2017, as property agents facilitating transactions, we are obliged to undertake anti money laundering due diligence for both the vendors (our client) and the purchasers involved in a transaction. As such, personal and or detailed financial and corporate information will be
required before an offer can be accepted and a transaction can commence.

Energy Performance Certificates

EPC 1

Brochures

1076 Warwick Road, Acocks Green, Birmingham, West Midlands, B27 6BH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Acocks Green Station0.3 miles
  • Spring Road Station0.6 miles
  • Tyseley Station0.9 miles

About Bond Wolfe, Commercial Sales

1st Floor 75-77 Colmore Row Birmingham B3 2AP

Bond Wolfe is a multi-disciplined property business specialising in property Auctions and property Agency with our head office based in Birmingham. Many of our highly experienced and dedicated team have been with the business for over 30 years.

We are truly proud of our Midlands roots and honoured to have represented the region since 1983. We also act for many clients across the UK and overseas too. Bond Wolfe has a great track record of selling, letting and managing property up and down the country. We work on behalf of a broad range of clients, including major corporate clients and private investors, as well as smaller organisations and independent landlords.

Notes

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Disclaimer - Property reference 356714. 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 Bond Wolfe, Commercial Sales. 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.