Location:
The premises are situated on Beoley Road West, close to its junction with Other Road and Holloway Lane. Trafford Retail Park is located within close proximity and consists of major retailers, such as Iceland, Home Bargains and Aldi. Redditch Train Station is located approximately 1 mile west from the subject property, providing regular access into Birmingham City Centre and the surrounding areas. Birmingham City Centre is located approximately 15 miles north from the subject premises. The M42 motorway can be accessed from either the A441 or the A435, which are approximately 5 miles away.
Description:
The premises comprise of a three-storey brick-built building surmounted by a pitched tiled roof. Internally, the ground floor benefits from three self-contained retail units with three self-contained flats on the first and second floors.
Accommodation
Energy Performance Certificate:
Details available upon request.
Services:
We are advised all main services are connected to include mains gas, water and electricity.
Mason Young Property Consultants has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.
Planning:
Interested parties should contact Redditch Borough Council Planning Department on 01527 881 770.
Tenure / Price:
The freehold interest is available at a quoting price of £575,000 subject to contract.
The property is let on a full repairing and insuring and the flats are held on assured short hold tenancies, producing a total income of £39,900 per annum. Further details available upon request.
Business Rates:
17 Beoley Road West is currently listed within the 2023 rating listing as having a rateable value of £4,550. Rates payable will be in the region of £2,270.45.
19-21 Beoley Road West is currently listed within the 2023 rating listing as having a rateable value of £6,800. Rates payable will be in the region of £3,393.20.
Interested parties are advised to make their own enquiries to Redditch Borough Council Business Rates Department on 01527 543 023.
VAT:
We understand that the property is not elected for VAT.
Legal Costs:
Each party to be responsible for their own legal costs incurred during this transaction.
