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

£1,450,000

£68.35 per sq ft

Business rates & charges may apply

SHEPHERD COMMERCIAL, Solihull
SIZE AVAILABLE

21,215 sq ft

1,971 sq m

SECTOR

Distribution warehouse for sale

USE CLASSUse class orders: B2 General Industrial

B2

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

Brochures

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

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kings Norton Station0.1 miles
  • Bournville Station1.0 miles
  • Northfield Station1.4 miles

About SHEPHERD COMMERCIAL, Solihull

50, St. Johns Close, Knowle, B93 0NN

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

Notes

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