Property Details: • Type: 1,376 sq ft • Tenure: N/A • Floor Area: N/A
Key Features: • Investment Opportunity • Short walking distance of Mere Green shopping area • Annual Achieved Rent of £33,250
Location: • Nearest Station: Four Oaks Station • Distance to Station: 0.6 miles
Agent Information: • Address: 8 High Street Sutton Coldfield B72 1XA
Full Description: DESCRIPTION 67 - 71 Mere Green Road is a mixed-use premises which comprises a terrace of three ground-floor retail units, along with four office suites at first floor level. Internally the property comprises 1,374.76 square feet (127.72 square meters) NIA approximately.
TENANCY OVERVIEW
All of the ground floor retail units are fully occupied on 5-year leases which commenced in 2021. At first floor level, the office suites are vacant with the exception of one office suite which is occupied. In total, the rent achieved is £33,250 Per Annum.
Additional information can be provided upon request.
TERMS The property is offered for sale as an Investment Sale, where the Freehold is sold with tenants in occupation.
SITUATION Mere Green Road is a prominent thoroughfare located in the vibrant town of Sutton Coldfield. Lined with a diverse range of shops, restaurants, cafes, and other amenities, this vibrant street offers a delightful shopping and dining experience.
With its convenient location and excellent transport links, it attracts a steady stream of visitors from Sutton Coldfield and surrounding areas. The road is well-connected to major transportation routes, making it easily accessible by car, bus, and train. Nearby schools include Little Aston Primary and Four Oaks School, King Edwards VI school, and Lichfield Cathedral school. Mere Green provides a good selection of bars and restaurants and M&S and Sainsbury's supermarkets. Sutton Coldfield town centre provides a comprehensive range of high street shops, restaurants and coffee shops within the Gracechurch Shopping Centre.
BUSINESS RATES Interested parties should check the Rateable Value with the local authority Birmingham City Council.
VAT All figures quoted are exclusive of VAT, which may be applicable to the property.
LEGAL COSTS Each party is to bear their own legal costs.
ANTI MONEY LAUNDERING REGULATIONS In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
EPC Available upon request.
VIEWINGS Strictly by prior appointment through Agents - AE Commercial. Should you wish to view, please do not hesitate to contact us.
Disclaimer - Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed. If there is any point which is of particular interest to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These particulars do not constitute a contract or part of a contract. All measurements quoted are approximate. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.
