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951 BRISTOL ROAD SOUTH, NORTHFIELD, BIRMINGHAM, B31 2QT

PROMINENT ROAD POSTION WALKING DISTANCE TO SAINSBURY & NORTHFIELD SHOPPING CENTRE FREEHOLD SUBJECT TO A SHORT LEASE GROUND FLOOR RETAIL WITH 1 BED FLAT ABOVE

  • Location

    The property occupies a prominent position fronting the main A38 Bristol Road South, a busy arterial route throughout the day, serving Birmingham city centre from the south west.

    The property is situated in an established parade opposite Great Stone Road and near to the junction with Frank Beeches Road. Northfield Shopping Centre Sainsbury Store are opposite and adjacent to the premises.

  • Accommodation

    The property comprises a mid-terraced two storey building in a small parade of similar properties of conventional brick construction built below a pitched roof.

    To the ground floor is a retail shop currently let to Lordswood Vets Surgery (no longer in occupation) arranged to include a waiting room, surgery / examination room, kitchen and a further waiting / aftercare room to the rear with a single W/C.

    ACCOMMODATION (approx.)
    Ground Floor Sq M Sq Ft
    Retail area 34.63 373
    First floor flat 35.06 377
    Net Internal Floor Area 69.69 750

  • Terms

    LEASE TERMS
    The property is let to Lordswood Vets Ltd for a term of 25 years from 30 November 2016 at a rent of £11,931 per annum on full repairing and insuring terms subject to a tenant option to break in 2021, 2026 etc. The break has been exercised by the tenant and the lease will end in November 2021.

    Please contact the agents for further information.

    PRICE
    Offers in excess of £110,000.

  • Rateable value

    The Valuation Office website states that the property is currently assessed as follows:

    Description: Surgery and Premises:
    RV £5,600

    Prospective purchasers/occupiers are strongly advised to make independent enquiries of Birmingham Council Rating Authority on 0121 303 5511.

  • Services

    We understand all mains services including electricity, gas, water and drainage are connected to the property.

    The agents have not tested the services and prospective purchasers are advised to make their own enquiries regarding the adequacy and condition of these installations.

  • Planning

    We are advised that the property has appropriate consent for D1 and A1 Retail use. Prospective tenants are advised to rely on their own enquiries with the planning department - 0121 303 1115.

  • Viewings

    Strictly by prior appointment with the sole agent Chivers Commercial. Please contact 0121 441 3040.

    Email zafar@chiverscommercial.co.uk

  • Costs

    Each party to be responsible for their own costs in the transaction.

  • VAT

    All figures quoted are exclusive of VAT which will be added as required.

  • Additional Information

    The property has an Energy Asset Rating of (C).

  • Misdescription act

    CONDITIONS UNDER WHICH THESE PARTICULARS ARE ISSUED:
    Chivers Commercial for themselves and for vendors or lessors of this property whose agents they are give notice that:

    (i) the particulars are set out as a general outline only for guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract;

    (ii) all descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

    (iii) no person in the employment of Chivers Commercial has any authority to make or give any representation or warranty whatever in relation to this property.

For sale £110,000 to buy Retail, Investments, Residential, Other Download PDF

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0121-441-3040