612 Kingsbury Road, Erdington, Birmingham, West Midlands, B24 9PJ
Property Details
None
Description
Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A
Key Features: • Prominent location within busy suburban retail parade • Neighbouring retailers include William Hill, Greggs and Lidl • Ground floor currently let - £12,000 pax • Would suit investor or for potential owner occupier. • First Floor Flat let on AST agreement - £510 pcm • Rental Growth potential
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 1a Mitre Court, 38 Lichfield Road, Sutton Coldfield, West Midlands, B74 2LZ
Full Description: LocationThe property is prominently located within an established local parade fronting Kingsbury Road close to its junction with Tyburn Road. The parade comprises a mix of local and national retailers, most notably to include William Hill, Greggs, One Stop and Papa Johns Pizza.DescriptionA two storey mid-terrace property comprising ground floor retail premises and rear garage together with a self contained first floor flat which is approached from the rear and provides lounge, bedroom, bathroom, WC and kitchen. Floor Areas Ground floor sales area: 78.97 sq m / 850 sq ft Rear ancillary: 24.52 sq m / 264 sq ft First floor flat: 59.36 sq m / 639 sq ft Rear garage: 41.13 sq m / 443 sq ftTermsFreehold subject to the following tenancies: The ground floor shop and rear garage is currently let to Dashelles Hair & Beauty on a short term lease (outside of the protection of the LL&T Act 1954) expiring 31st January 2026 at a rental of £12,000 pa exclusive. Consideration may be give to this lease being extended, or alternatively vacant possession can be provided.The first floor flat is currently let on an Assured Shorthold Tenancy agreement for a term of 12 months expiring 30th November 2026 at a rental of £510 per calendar month. Copies of the agreements are available on request.EPCEnergy Performance Rating C-75.Rates CommentsGround floor shop - current rateable value £9,300First floor flat - Council Tax band A Interested parties are advised to make their own enquiries with the Local Authority (Birmingham) for verification purposes.Money LaunderingIn accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant. Legal CostsEach party will be responsible for their own legal costs incurred in the transaction, although an undertaking to cover the vendors legal costs in the event that the purchaser withdraws once solicitors are instructed.VATAll figures quoted are exclusive of VAT which we understand will not be applicable.
Location
Address
612 Kingsbury Road, Erdington, Birmingham, West Midlands, B24 9PJ
City
Birmingham
Features and Finishes
Prominent location within busy suburban retail parade, Neighbouring retailers include William Hill, Greggs and Lidl, Ground floor currently let - £12,000 pax, Would suit investor or for potential owner occupier., First Floor Flat let on AST agreement - £510 pcm, Rental Growth potential
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