Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
4 miles south of Birmingham city centre, 5 miles north-west of Solihull, 15 miles west of Coventry
Roads
A41, A34, A38, M6 (Junction 6), M42 (Junction 5)
Rail
Acocks Green Railway Station
Air
Birmingham International Airport
Situation
Acocks Green is a popular suburb located approximately 5 miles south-east of Birmingham city centre. The property is situated on Shirley Road, close to its junction with Warwick Road (A41), Acocks Green’s main shopping area. Nearby occupiers include HSBC, Costa Coffee, Subway, Argos and Lloyds TSB.
Tenure
Freehold.
Location
Miles
4 miles south of Birmingham city centre, 5 miles north-west of Solihull, 15 miles west of Coventry
Roads
A41, A34, A38, M6 (Junction 6), M42 (Junction 5)
Rail
Acocks Green Railway Station
Air
Birmingham International Airport
Situation
Acocks Green is a popular suburb located approximately 5 miles south-east of Birmingham city centre. The property is situated on Shirley Road, close to its junction with Warwick Road (A41), Acocks Green’s main shopping area. Nearby occupiers include HSBC, Costa Coffee, Subway, Argos and Lloyds TSB.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with ancillary mezzanine and first floors.
6 Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with ancillary mezzanine and first floors.
6 Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/(Reversion)
Ground Mezzanine First
Retail/Ancillary Ancillary Ancillary
539.40 sq m 29.90 sq m 493.40 sq m
(5,806 sq ft) (322 sq ft) (5,311 sq ft)
BRITISH HEART FOUNDATION (1)
10 years from 18/05/2010 on a full repairing and insuring lease
£50,000
18/05/2015 (17/05/2020)
Totals
1,062.70 sq m
(11,439 sq ft)
£50,000
(1) British Heart Foundation is a leading UK registered charity established in 1961 that currently operate over 700 retail outlets nationwide. (Source: www.bhf.org.uk 25/02/2015)