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1 Greenwood Sq - Chelmsley Wood Shopping Centre 29,548 sq ft Retail Unit Offered at £550,000 in Birmingham B37 5TL

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INVESTMENT HIGHLIGHTS

  • 686 free parking spacing
  • Nearby national occupiers include: Greggs, Poundland, Boots
  • Anchored by a 75,000 sq.ft ASDA supermarket

EXECUTIVE SUMMARY

Chelmsley Wood is approximately 8 miles to the east of Birmingham and 5 miles to the north of Solihull. It benefits from excellent links to the national road network, located approximately 0.5 miles west of the intersection between the M42 and the M6. In addition, the area is currently undergoing the biggest redevelopment project in its history and is earmarked as a key transport hub for High-Speed Rail 2 and the tram link between Birmingham City Centre and the International Airport.

PROPERTY FACTS

Total Property Size 1,434,280 sq ft
Property Type Retail (Unit)
Property Subtype Department Store
Costar Property Class B
Floors 4
Typical Floor Size 115,253 sq ft
Year Built 1971
Total Plot Size 22.85 ac
Parking Allocation 1.14/1,000 sq ft

AMENITIES

  • Banking
  • Bus Route
  • Dedicated Turn Lane
  • Property Manager on Site
  • Security System
  • Signage
  • Storage Space
  • On-Site Security Staff

1 UNIT AVAILABLE

Unit Bingo Hall

Unit Size 29,548 sq ft
Price £550,000
Price Per sq ft £18.61
Unit Use Retail
Sale Type Owner Occupier
Tenure Long Leasehold
DESCRIPTION

Chelmsley Wood Shopping Centre is a dominant  convenience and community shopping centre in the heart of  the town. The centre benefits from an annual footfall of 7.5m  people and is anchored by a 75,000 sq.ft ASDA supermarket.
Chelmsley Wood Shopping Centre benefits from a total of  686 free parking spacing. Other national retailers include  Iceland, Home Bargains, New Look, Sportsdirect, Poundland,
Boots

SALE NOTES

Available for sale at £550,000

NEARBY MAJOR RETAILERS

Costa Coffee
Heron Foods
Co-op
Lloyds Bank
Coventry Building Society
Nisa Local
  • Listing ID: 35262936

  • Date on Market: 26/03/2025

  • Last Updated:

  • Address: 1 Greenwood Sq, Birmingham B37 5TL

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