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28-29, Tenby Street

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Hockley
B1 3EE Birmingham
Ref: 10610

  • 1,264.00 ft² (117.43 m²)
  • Price on application

Description

Description

• Freehold Commercial and Residential Investment Opportunity on behalf of M J Cowlishaw & D J Langton, Joint Administrators.

Location

The property is located on Tenby Street, in the Jewellery Quarter area of Birmingham, circa one mile northwest of Birmingham city centre. The surrounding area comprises predominantly offices/workshops and residential uses.
Tenby Street is well placed for all local amenities, access to the national motorway network via the A4540 and is located within close proximity to the Jewellery Quarter railway and Midland Metro stations.

Summary

The property comprises a three storey property situated around a central courtyard, with three ground floor retail/office units and six apartments at first and second floor levels.
The ground floor accommodation comprises a retail/office unit fronting on to Tenby Street and two beauticians/clinic units, plus an annex, accessed from the central courtyard.

Income

The gross rental income currently produced is £47,400 per annum. With the two vacant flats re-let, the total income could be circa £64,500 per annum (i.e. £53,700 from the apartments alongside the £10,800 commercial rent).

Guide Price

Offers in excess of £1.2 million are invited on an unconditional basis.

Energy Rating

Energy Rating

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Contact

Contact
Harry Ward
Vicky Beach
Laura Allen
  Details

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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