Manor Park & Marlborough Road, Birmingham, B36 0EH

GBP 550,000
For Sale

Property Details

Property Type

None

Description

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Producing approx. £43,840 per annum • 8 garages providing additional income • Multi-let retail and office investment • Short-term / informal tenancies • Asset management and rental growth potential

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 50, St. Johns Close, Knowle, B93 0NN

Full Description: DescriptionThe property comprises two adjoining freehold buildings at 29 Manor Park Road and 39 Marlborough Road, forming a well-established multi-let mixed-use investment.The accommodation provides a combination of ground floor retail and office space together with first floor office suites and ancillary accommodation. In addition, the property benefits from 8 garages to the rear, providing a further income stream.The asset is currently let to a range of individual occupiers producing a combined income of approximately £43,840 per annum. The tenancies are held on a mixture of informal and short-term arrangements, offering flexibility and the opportunity for an incoming purchaser to actively manage and enhance the income profile.The property occupies a prominent roadside position and benefits from forecourt parking to the front, making it attractive to local occupiers.This represents an opportunity to acquire a reversionary investment with asset management potential and multiple income streams.LocationThe property is situated in Castle Bromwich, a well-established commercial and residential area within the West Midlands.The location benefits from good connectivity to Birmingham City Centre and the wider motorway network, including the M6 and M42, making it a popular location for local businesses and service providers.Manor Park Road and Marlborough Road provide a mix of commercial and residential occupiers, supporting consistent demand for small office and retail accommodation.ViewingsStrictly by prior appointment through the sole agents.TermsOffers in the region of £550,000 for the freehold interest.Each party to be responsible for their own legal costs incurred in the transaction.Specifications• Mixed-use investment • Retail and office accommodation • Multi-let configuration • Rear garages • Forecourt parking • Separate / sub-metered utilities

Location

Address

Manor Park & Marlborough Road, Birmingham, B36 0EH

City

Solihull

Features and Finishes

Producing approx. £43,840 per annum, 8 garages providing additional income, Multi-let retail and office investment, Short-term / informal tenancies, Asset management and rental growth potential

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