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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 Pending
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)
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29-39 Manor Park Rd
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