Commercial property for sale in Birmingham

Description The property comprises a mixed-use investment building of traditional masonry construction with pitched tiled roofs. It includes rear storage areas, a secure yard, and off-road parking. The ground floor consists of three interconnecting retail units with glazed frontages, roller shutter entrances, and well-presented interiors featuring LED lighting, gas-fired heating, and modern WC and kitchen facilities. To the rear, a single-storey outbuilding offers warehouse/storage space, accessed via roller shutter door and benefitting from the secure yard. Residential flats above 303 and 305 are accessed from the rear via Osmaston Road and include two two-bedroom flats, one one-bedroom flat, and two second-floor bedsits. Flats above 299 and 301 are accessed via a front pedestrian entrance and comprise four two-bedroom flats. All residential units are let on assured shorthold tenancies, generating a combined annual rental income of £71,940. The flats above 299 Northfield Road are held on long leasehold expiring on 25 December 2102 at a peppercorn ground rent .Nos. 301, 303, and 305 Northfield Road are offered freehold, subject to existing tenancies. The ground floor retail and warehouse space is expected to be sold with vacant possession, presenting an asset management opportunity to subdivide it into three smaller retail units and a separate storage unit, creating four distinct lettable elements. Location The property occupies a prominent retail location along Northfield Road, in the Harborne area of Birmingham opposite Harborne Golf Course. The location is well positioned with access to key transport links. The A38 (Bristol Road) lies approximately 1.5 miles east, providing a direct route to Birmingham city centre and the M5 motorway, which is around 3 miles southwest. The location benefits from connectivity to the wider motorway network, including the M6 and M42. The property is situated within proximity to key amenities, including healthcare and education facilities. Queen Elizabeth Hospital Birmingham, a major regional hospital, is located approximately 2 miles southeast, with Birmingham Women’s Hospital and City Hospital also within a 3-mile radius. The area is well served by educational institutions, including Harborne Primary School (1 mile), St. Mary’s Catholic Primary School (1.2 miles), and Lordswood Boys’ and Girls’ Schools (circa 1.5 miles). What3words Barn.Palms.Chill Services We understand that the building benefits from all mains services. The agent has not tested the suitability of the connections and recommends that all interested parties carry out their own investigations.

Commercial property for sale in Birmingham, England

Mixed use for sale

Description

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