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Retail - High Streets for auction in Worcestershire

Create Alert 2 results Sorry, we currently do not have any listings in 0 miles of Worcestershire - Please find below the nearest listings available.
New
Retail premises let to Poundland Ltd, centrally situated in a prime town centre retail trading location. Investment let at £80,000 per annum.

Tenure
Freehold.

Location
Erdington is an established West Midlands suburb located approximately 5 miles north-east of Birmingham city centre and 3 miles south of Sutton Coldfield
The property is situated in a busy central high street location, close to the junction with Barnabas Road
Nearby national retailers include New Look, B&M and Holland & Barrett, together with a good mix of local retailers that serve the busy surrounding population
Nearby road communications are via the A38 and Junction 6 of the M6

Erdington

Description

A detached building
Arranged over two floors
Retail area on ground floor including storage and loading area to the rear
Ancillary office and storage accommodation on first floor

Accommodation

Approximate Internal GIA Ground Floor 11,281 sq ft
Approximate Internal GIA First Floor 11,238 sq ft
Total Gross Internal Area approximately 22,518 sq ft

Tenancy
The entire property is let to Poundland Limited on a 5 year lease from 28th March 2018 at a rent of £80,000 per annum. The lease contains a tenant only break option exercisable on 25th March 2021.

Tenant Information
Poundland Limited trades from 850 stores and is one of Europe’s largest retailers. The company has a Dunn & Bradstreet rating of 4A1 and is a subsidiary of Pep & Co Europe, ultimately owned by Steinhoff Group.

VAT
VAT is applicable to this lot

Total Current Rent £80,000 per annum

Six Week Completion Available

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152-156, High Street, Birmingham, B23 6RS
Retail premises let to Poundland Ltd, centrally situated in a prime town centre retail trading location
Type: Retail, Retail - High Street
Location: 152-156 High Street, B23 6RS
Images: 2
Brochures: 1
View Property
** UNSOLD - AVAILABLE AT £195,000 **


A Freehold Former Bank Premises, occupying a main High Street Location, considered suitable for a variety of alternative uses, including retail/leisure on the ground floor and offices on the first floor, subject to obtaining any appropriate planning permission

Property Description
The property comprises a two storey mid terraced former bank premises of brick construction under a flat roof. The ground floor comprises a former banking hall, interview rooms and office accommodation and has been extended to the rear to provide a strong room, male and female WCs, ancillary stores and boiler room. The first floor which benefits from a separate front door access and can also be accessed from the rear via an external fire escape was previously used as office and meeting rooms, and is currently used by a tutoring company.

Location
The property benefits from a central position in Blackheath's main retail pitch on the High Street, between Bell Street and Short Street junctions. The majority of occupiers in Blackheath are a mix of local independent retailers, however there is national and regional representation with William Hill, Iceland, Greggs, The Card Factory and the West Bromwich Building Society all within the general vicinity.

Blackheath is a Black Country suburban town located approximately 7 miles to the west of Birmingham City Centre.

Tenure
We understand the property is Freehold and vacant possession will be given upon completion, of the ground floor.
The first floor is let to a tutoring company at £7,500 per annum, the Lease expires on the 27th September 2018 and is contracted outside the Landlord &Tenant Act.

Accommodation
Ground Floor: 2,297 sq.ft. (213.36 sq.m.)
First Floor: 1,483 sq.ft. (137.81 sq.m.)
Total NIA: 3,780 sq.ft. (351.17 sq.m.)

Value Added Tax
We understand that VAT is not chargeable on this transaction.

Viewings
Strictly by arrangement with the Auctioneers.

IN PARTNERSHIP WITH
GVA

Tenure
Freehold. Vacant possession upon completion.
Former Bank Premises, 162, High Street, Rowley Regis, B65 0DX
A Freehold Former Bank Premises, occupying a main High Street Location
Type: Retail, Offices, Office, Leisure, Mixed Use, Retail - High Street, Other Property Types & Opportunities
Location: Former Bank Premises, 162 High Street, Rowley Regis, B65 0DX
Size: 3780 Sq Ft
Images: 1
Brochures: 2
View Property
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