Units 311 & 311a Wellington Road, Perry Barr, Birmingham, B20 2QH

Location

Close to the local centre in a suburb of Birmingham known as Perry Barr.   The local area has a mix of residential and retail properties.  The area has seen recent significant investment due to the Commonwealth Games.

Description

A two storey former warehouse/workshop.  Ground floor area being occupied by Electrical Contractor with first floor occupied by a wedding and bridal business. Brick and render elevations under a pitched roof.

Accommodation

The ground and first floor areas measure 1,133 sq ft making a total of 2,266sq ft over the two floors.

There is a car park area plus a small landscaped area to the side of the building.

Tenure

The property is Freehold and will be sold subject to the existing tenancies.

Tenancies

Ground Floor : Six Year Lease from 17/10/2020  annual rent of rent £8,500.00.

First Floor : Occupied under a Tenancy at Will annual rent of £7,500.00. Terms agreed for a new Lease.

Services

 

We understand that all mains services are connected.

Business Rates

 

311 Wellington Road (Ground Floor) £6,100.00

311a Wellington Road (First Floor) £3,650.00

EPC

 

311 Wellington Road (Ground Floor) C58

311a Wellington Road (First Floor) B40

 

Method of Sale

The guide price is £225,000.00 (Two Hundred and Twenty Five Thousand Pounds).  We reserve the right to set a date for final and best bids.

Viewings

 

By appointment through the sole Agents. 

All enquiries to First City The Property Consultancy on 01902 710999 quoting reference: 5421

 

Or to Christopher Bywater chris@firstcity.co.uk  07714 523630