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108-110, Alum Rock Road, , Birmingham, B8 1HU
2,053 Sq Ft / Retail
Withdrawn - Last updated: 07 May 2020
Summary
Freehold Retail Investment Opportunity on behalf of M J Cowlishaw & D J Langton, Joint Administrators.
Location
The property is prominently situated on Alum Rock Road, within the Birmingham suburb of Alum Rock, approximately 2 miles east of Birmingham city centre. Alum Rock Road is a prominent and very busy neighbourhood retail area with a variety of local shops and businesses.
Summary
The property comprises a two storey building fully fitted out for jewellery retail on the ground floor with storage accommodation on the first floor. There is a car park to the rear providing two car parking spaces.Internally, the accommodation benefits from air conditioning and suspended ceilings. The ground floor has security shutters.
Accommodation
| Ground Floor Retail | 871 sq ft | 81 sq m |
| Ancillary Areas | 228 sq ft | 21 sq m |
| Stores | 954 sq ft | 89 sq m |
| Total | 2,053 sq ft | 191 sq m |
Income
The property is currently occupied by Mr Imran Mohammed t/a The Gold Centre. A six year lease was in place from 1 October 2009 and the tenant is now holding over. The current rent is 46,800 per annum, which reflects a concession from the 57,500 rent specified in the lease.
Guide Price
Offers in excess of 500,000 are invited on an unconditional basis.
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