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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
£790,000
Price per sq ft
£161.69
Occupancy Rate
100%
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

Nearby Major Retailers

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

  • Date on Market: 23/02/2024

  • Last Updated:

  • Address: Alum Rock Rd, Birmingham B8 2TX

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