Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A
Key Features: • Retail and Office Premises for Sale Freehold • Prominent Location in Solihull • Ground Floor Retail- Producing £27,000 per annum. Rising to £30,000 pa from March 2026. • Vacant First and Second Floor Refurbished Offices • 4 Car Parking Spaces At Rear • Potential for Residential Conversion of Upper Floors
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 1st Floor 3 Olympus Court Olympus Avenue Tachbrook Park Leamington Spa, CV34 6RZ
Full Description: DescriptionA mid-terraced Tudor-Revival Style building, surmounted by a tiled pitched roof, with two storey flat roof extension to the rear. The property benefits from four car parking spaces, two of which are demised to the ground floor retail tenant. A small rear courtyard enclosed by a brickwork wall provides access to the rear where there is separate access to the first and second floor offices, currently vacant.The ground floor, occupied by A Slice of Purrfection Cat Cafe, has a retail area of approximately 833 sq.ft (77.40 sq.m). The first and second floor offices provide recently refurbished space, complete with two WCs and kitchenette facilities, new electric convection radiators, part LED and part fluorescent strip lights, ample electrical and data points. Having a net internal area of 807 sq.ftLocation38 Poplar Road is well situated at the central point on the western parade of Poplar Road, a high footfall area, in close proximity to Touchwood Shopping Centre and just opposite Poplar Way which runs through to Mell Square. Located nearby to busy bus stops and a short walk from Solihull Train Station, the property boasts a desired location.Junction 5 of the M42 is only 1.5 miles east, with access to Birmingham City Centre from the A34 nearby.Notable tenants in the vicinity include HSBC, Tesco, Coventry Building Society, Subway and Caffe Nero.ServicesMains electricity, water and drainage are connected to the property. TenureThe property will be sold subject to the occupational lease on the ground floor currently producing £27,000 per annum, which rises to £30,000 pa from March 2026. Lease can be provided upon request.The first and second floor offices will be with vacant possession.PlanningClass E (Retail and Offices)RentPrice£550,000 for the freeholdRatesThe rateable value for the ground floor year is £20,750. The first and second floor offices require an updated rating assessment. Legal CostsEach party will be responsible for their own legal costs associated with this transactionEPCTBARetail and Office Premises for Sale FreeholdProminent Location in SolihullGround Floor Retail- Producing £27,000 per annum. Rising to £30,000 pa from March 2026.Vacant First and Second Floor Refurbished Offices 4 Car Parking Spaces At RearPotential for Residential Conversion of Upper Floors
