Investment For Sale

Other Sold - Quinton

LOCATION
The property is located on a busy parade of shops of the Hagley Road West, Quinton (A456) approxiamtely 4 miles from Birmingham City Centre and benefits from excellent transportations.
Nearby traders include Greggs, KFC, Hagley Road Pharmacy, Coventry Building Society, Subway and many more.

DESCRIPTION
The property is set back from Hagley Road West, with a slip road running along the front of the properties providing customer parking and deliveries.
There is also rear access.
The property itself comprises of a retail unit at ground level and residential accommodation above.

TERMS
We are inviting offers in the region of £240,000 for the freehold interest.

TENANCY SCHEDULE
The ground floor retail unit is let to Dixons on a 20 year lease, expiring in December 2025 at the annual rent of £14,500.
The upper floors are let on a 99 year leasehold expiring in March 2090, with a ground rent of £100 per annum.

VIEWINGS
Strictly via the sole selling agent Cooking Rudling Ltd on 0121 212 1701
Email: mail@cookerudling.com

CODE OF PRACTICE
Cooke Rudling Ltd support the aims and objectives of the Code of Practice on Commercial Leases in England and Wales.
We strongly recommend that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a Business Tenancy agreement.

The Code is available through professional institutions and trade associations or at the website www.commericalleasecode.co.uk