Summary

Property Type Mixed Use
Tenure For Sale
Size 2,050 sq ft
Price Offers in the region of £600,000
Rates Payable Upon Enquiry

About

The building comprises a two-storey premises of traditional brick construction under a flat felted roof.

The ground floor benefits from a prominent retail position with return frontage along the Bristol Road.

The unit trades as a takeaway with glazed retail frontages and open plan retail area with kitchen to the rear along with pedestrian access.

The unit is serviced via a rear yard area off Elliott Road.

The first floor is accessed via a pedestrian access to the rear and comprises predominately open plan accommodation with kitchen and welfare facilities.

The space benefits from UPVC double glazing, gas fired central heating and wood laminate flooring.

Tenancy Schedule

Address Area Rent Term / Expiry
Ground Floor (Big Johns) 1,172 ft2 £14,500 PA 15 years expiring 03/2026

First Floor (Adage Dance &
Fitness Studio) 878 ft2 £7,900 PA 5 years expiring 03/2026
Telecommunications
Mast N/A £5,250 PA 5 years expiring 12/2021 (holding over)

Historically the building has had additional income from advertising hoardings. Negotiations are near completion on two hoardings with an annual income of £6,000 per annum.

Total rental income £27,650 (£33,650 with the advertising hoardings, should it complete).

762-764 Bristol Road, Birmingham, Mixed Use For Sale - 4.jpg

Accommodation

Namesq ftsq mAvailability
Ground 1,172 108.88 Occupied
1st 878 81.57 Occupied
Total2,050190.45 

Location

762-764 Bristol Road occupies a prominent position fronting the Bristol Road (A34) at its junction with Elliot Road in the Selly Oak area of Birmingham.

The area is primarily residential with significant retail presence on the Bristol Road with a large traffic volume into Birmingham City Centre.

The area is well served by public transport being situated within a thriving student area serving Birmingham University.

Get directions from Google Maps

Downloads

No downloads available at present. For more information, please contact the agents.

762-764 Bristol Road - 6.jpg

Further Information

  • Viewings

    Strictly via the selling agents Siddall Jones on 0121 638 0500 or Sheldon Bosley Knight on 01386 765700

  • Terms

    We are inviting offers in the region of £600,000 for the valuable freehold interest, subject to contract.