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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



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 | Typical Floor Size | 115,253 sq ft |
| Property Type | Retail (Unit) | Year Built | 1971 |
| Property Subtype | Department Store | Total Plot Size | 22.85 ac |
| Costar Property Class | B | Parking Allocation | 1.14/1,000 sq ft |
| Floors | 4 |
| 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 | Unit Use | Retail |
| Price | £550,000 | Sale Type | Owner Occupier |
| Price Per sq ft | £18.61 | Tenure | Long Leasehold |
| 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
Presented by
1 Greenwood Sq - Chelmsley Wood Shopping Centre
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