Birmingham - 120-138 High Street, Birmingham, B14 7LG

Location:

Kings Heath is a popular residential suburb of Birmingham located approximately 4 miles (6km) south of the city centre, 25 miles (40km) north of Worcester and 20 miles (32km) west of Coventry. The town lies within 5 miles (8km) from Junction 3 of the M42, which in turn links to the M40 (Junction 3A), the M5 (Junction 4A) and the M6 (Junction 7A).

There is a regular train service to Birmingham New Street and from there onto London Euston, with an average journey time of approximately 105 minutes.

Birmingham International Airport is located approximately 9 miles (14km) to the East.

  • Description

    The subject property comprises a purpose built retail development situated on an island site at the corner of High Street and Silver Street.

    The property is fully let to seven national retailers trading from well-configured retail units. The ground floors are fully fitted to the corporate style of the retailers and utilised as sales while the first floors are used as ancillary space with the exception of Specsavers who have some customer consultancy rooms on the first floor.

    Servicing is to the rear of the property where a tenant car park is also located. Vehicular access is via Silver Street.

  • Tenure

    Freehold

  • Tenancy (ies)

    Please refer to the tenancy schedule.

  • Current Rent PAX

    £445,860

  • Service Charge

    £14,840 pax.

  • Price

    £5,200,000 (Subject to Contract and exclusive of VAT )

  • Yield

    8.04%

MISREPRESENTATION: These particulars do not constitute an offer or contract. They are intended as a guide to prospective purchasers. All reasonable care has been taken in the preparation of these particulars but their accuracy is not guaranteed. The purchaser should satisfy himself and as to the correctness of these details, Neither the agents nor the vendor or lessors are to be or become under any liability or claim in respect of these particulars. These particulars are supplied on the understanding that all negotiations are conducted through this office.

All viewings are strictly by prior appointment.
Please contact:

David Freeman
Ed Smith
Patrick Over
Simona Malinova