157 New Road, Rubery, Birmingham B45 9JW
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 16 September
- Freehold Mixed Use Investment
- Comprising a Betting Office and self-contained flat above
- Part let to William Hill on a lease expiring 2033(1)
- Well located in the popular suburb of Rubery
- Investment let at £19,000 p.a. plus vacant flat (10.00% GIY on Guide Price)
Description
StrapLine
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteProminently Located Freehold Mixed-Use Investment comprising a William Hill Betting Office and Self-Contained Flat, producing £19,000 per annum with Asset Management Potential.
Description
The property comprises a prominently positioned mixed-use investment arranged as a ground floor retail unit with ancillary basement storage together with a self-contained first floor flat.
Location
157 New Road occupies a prominent position in the established suburb of Rubery, approximately 8 miles south-west of Birmingham city centre. The property fronts New Road (A38 Bristol Road South), one of the area's principal commercial thoroughfares, benefiting from strong levels of passing traffic and footfall. Nearby occupiers include a range of national retailers, local businesses and roadside operators serving the wider residential catchment, with easy access to Junction 4 of the M5 motorway and the wider West Midlands motorway network.
Transport
Road: The property fronts New Road (A38 Bristol Road South), providing direct access to Birmingham City Centre approximately 8 miles to the north-east and Junction 4 of the M5 motorway approximately 2 miles to the south-west.
Rail: Longbridge Railway Station is situated approximately 1 mile north-east of the property, providing regular West Midlands Railway services to Birmingham New Street, Redditch and Bromsgrove.
Bus: A number of local and regional bus services operate along New Road and Bristol Road South, connecting Rubery with Birmingham City Centre, Longbridge, Bromsgrove and the wider West Midlands conurbation.
Air: Birmingham Airport is located approximately 18 miles north-east of the property, offering a comprehensive range of domestic and international flight connections.
Tenancy
Part let to William Hill Organization Limited on an effectively full repairing and insuring (FRI) lease for a term of 10 years from October 2023 at £19,000 per annum.
(1)The lease provides for tenant break options at the 5th and 8th anniversaries (28 September 2028 and 28 September 2031) and a 5 yearly upward-only open market rent review in September 2028.
Accommodation
Ground Floor - 175.6 sq m (1,890 sq ft)
Basement- 23.2 sq m (250 sq ft)
First Floor Flat- 42.5 sq m (457 sq ft)
Total - 241.3 sq m (2,597 sq ft)
157 New Road, Rubery, Birmingham B45 9JW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Longbridge Station1.6 miles
- Northfield Station2.5 miles
- Barnt Green Station2.5 miles
Notes
Disclaimer - Property reference 242-24150. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”