Multi-let mixed Use Investment

Auction Date:

Withdrawn

Size:

0.284 Ha (0.701 acres)

Location:

242-260 Alum Rock Road, Birmingham, B8 3DD

Viewing Information:

Strictly by appointment only

For sale on behalf of the Fixed Charge Receivers

Salient details as follows:

Freehold for sale

• Multi-let mixed use investment on Alum Rock Road
• Prominent location with site of 0.284 Ha (0.7 acres)
• Fully let generating £117,000 per annum
• Gulf petrol station with large yard and six retail units
• Total accommodation of 8,768 sq ft (806.3 sq m)

Location

The property is located on the northern side of Alum Rock Road, c. 45 minutes walk from Birmingham City Centre, and 10 minutes from Adderley Park station, which connects to Birmingham New Street station in only 5 minutes.

Alum Rock Road is a thriving retail location with significant footfall and limited vacant units. There is a wide range of local amenities  along Alum Rock Road and the surrounding areas. Road links are excellent with easy access to the motorway network including the M6. The A47 gives access to Birmingham City Centre which can also be accessed via bus routes.

Description

A freehold site of 0.284 ha (0.701 acres) comprising a petrol station and forecourt with 8 pumps and a retail unit; with a secure yard comprising a hand carwash and tyre depot to the rear; and 6 retail units fronting Alum Rock Road.

The units are currently trading as a mobile repair shop, a butchers, a Chinese restaurant, a chicken fast food restaurant occupying a double unit, and an ice cream parlour.  All 6 retail units are located on the ground floor of the trading parade, and we understand that the first floor is utilised as storage accommodation.