Retail Shop For Sale in Kings Heath Birmingham
Retail Shop for Sale - Alcester Road South, Birmingham, UK
- 24 hr Access
- Retail / Office Use
- Retail Use
- Self contained premises
Retail Shop For Sale in Kings Heath Birmingham.
Kings Heath is a very busy suburb situated some 3 miles to the south of Birmingham City Centre, and it has long been recognised as one of the strongest Birmingham suburban retail centres.
The property fronts Alcester Road South opposite a large Sainsbury’s Supermarket and in the same parade as Boots, Ladbrokes and William Hill.
The premises comprise a single storey building of brick construction providing retail/office accommodation on the ground floor.
Gross Frontage - 21 ft 9” (6.63 m)
Internal Width - 21ft 0” (6.4 m)
Shop Depth - 70’ 10” (21.59 m)
Built Depth - 82’ 3” (25.08 m)
Ground Floor Sales - 1,430 sq ft (132.85 sq m)
Kitchen - 108 sq ft (10.03 sq m)
The property has the benefit of a rear access.
Available by way of a new full repairing and insuring lease for a term of years to be agreed at a rent of £30,000 per year.
The property is also available for sale at an asking price of £300,000 for the freehold interest.
Rateable Value - £28,500
Rate in £ (2018/2019) 48p
Rates Payable - £13,680
This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the relevant charging authority to confirm rates payable. This property is subject to transitional rates relief for the current year.
The property currently has A2 Planning permission (office and financial services) and can also be used for A1 retail.
The premises would be ideal for a restaurant subject to planning.
Each party is to be responsible for their own legal costs incurred in the transaction.
An EPC is available upon request.