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Units 1-3 Alum Rock Rd 4,886 sq ft Vacant Retail Property Birmingham B8 2TX £850,000 (£173.97/sq ft)

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INVESTMENT HIGHLIGHTS

  • Modern Commercial Development Built 2022.
  • Desirable Commercial Location
  • Potential for Further Change of Use (subject to planning)
  • Currently Six Letting Units & Second Floor Storage Unit
  • With Original 10 Year Build Warranty
  • Majority with Vacant Possession

EXECUTIVE SUMMARY

A part let mixed retail/commercial development built in 2022 comprising three ground floor retail units, and three first floor office/retail units to the first floor and storage unit to the second floor. With potential for additional alternative use to upper floor accommodation (subject to planning).

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Portfolio Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
4,886 sq ft
Costar Property Class
C
Year Built
2022
Price
£850,000
Price per sq ft
£173.97
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.12
Total Plot Size
0.10 ac
Frontage
44 ft on Alum Rock Road & Thornton

AMENITIES

  • Bus Route
  • Corner Lot
  • Courtyard
  • Freeway Visibility
  • Restaurant
  • EPC - A
  • Storage Space
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 852
  • 720 sq ft
  • Retail
  • In-Line
  • Now

A ground floor retail unit set within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The unit is offered on an Effective Full Repair and Insuring Lease.

  • 854
  • 1,335 sq ft
  • Retail
  • In-Line
  • Now

A ground floor retail unit set within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The unit is offered on an Effective Full Repair and Insuring Lease.

  • 1st Floor
  • 370-1,717 sq ft
  • Office
  • In-Line
  • Now

The first and second floor accommodation within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The accommodation consists of with three office units at first floor and large storage at the second floor area.

  • 2nd Floor
  • 632 sq ft
  • Office
  • In-Line
  • Now

The first and second floor accommodation within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The accommodation consists of with three office units at first floor and large storage at the second floor area.

Space Size Space Use Position Available
852 720 sq ft Retail In-Line Now
854 1,335 sq ft Retail In-Line Now
1st Floor 370-1,717 sq ft Office In-Line Now
2nd Floor 632 sq ft Office In-Line Now

852

Size
720 sq ft
Space Use
Retail
Position
In-Line
Available
Now

854

Size
1,335 sq ft
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
370-1,717 sq ft
Space Use
Office
Position
In-Line
Available
Now

2nd Floor

Size
632 sq ft
Space Use
Office
Position
In-Line
Available
Now

852

Size 720 sq ft
Space Use Retail
Position In-Line
Available Now

A ground floor retail unit set within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The unit is offered on an Effective Full Repair and Insuring Lease.

854

Size 1,335 sq ft
Space Use Retail
Position In-Line
Available Now

A ground floor retail unit set within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The unit is offered on an Effective Full Repair and Insuring Lease.

1st Floor

Size 370-1,717 sq ft
Space Use Office
Position In-Line
Available Now

The first and second floor accommodation within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The accommodation consists of with three office units at first floor and large storage at the second floor area.

2nd Floor

Size 632 sq ft
Space Use Office
Position In-Line
Available Now

The first and second floor accommodation within a newly built three storey commercial development completed December 2022, following complete demolition of former retail unit. The accommodation consists of with three office units at first floor and large storage at the second floor area.

NEARBY MAJOR RETAILERS

Co-op
Iceland
Barclays
Lloyds Bank
Farmfoods
Tesco
The Gym Group
The Food Warehouse Ltd
Costa Coffee
Lidl
  • Listing ID: 31027334

  • Date on Market: 23/02/2024

  • Last Updated:

  • Address: Alum Rock Rd, Birmingham B8 2TX

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