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29-39 Manor Park Rd 2,472 sq ft 47% Let Retail Property Birmingham B36 0DJ £550,000 (£222.49/sq ft)


Investment Highlights
- Well established commercial and residential area
- Close proximity to M6 and M42
- Benefits from good connectivity to Birmingham City Centre
Executive Summary
The property comprises two adjoining freehold buildings at 29 Manor Park Road and 39 Marlborough Road, forming a wellestablished 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 shortterm 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.
Offers in the region of £550,000 for the freehold interest.
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 shortterm 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.
Offers in the region of £550,000 for the freehold interest.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Local Shop
Property Size
2,472 sq ft
Costar Property Class
C
Year Built
1960
Price
£550,000
Price per sq ft
£222.49
Occupancy Rate
47%
Number of Floors
2
Plot ratio
0.14
Total Plot Size
0.40 ac
Parking
10 Spaces (7.69 Spaces per 1,000 sq ft Leased)
1 1
Nearby Major Retailers
1 of 3
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29-39 Manor Park Rd
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