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108-110, Alum Rock Road

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B8 1HU Birmingham
Ref: 10612

  • 2,053.00 ft² (190.73 m²)
  • Price on application

Description

Description

• 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
Total2,053 sq ft191 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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Contact

Contact
Harry Ward
Rose Treasure
Vicky Beach
  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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