7 Shirley Road Acocks Green Birmingham B27 7XU

7 Shirley Road
Acocks Green
Birmingham
B27 7XU

Freehold Retail Investment

  • Entirely let to British Heart Foundation
  • Popular and affluent Birmingham suburb
  • Sought after location on primary retail thoroughfare
  • Nearby occupiers include HSBC, Costa Coffee, Subway, Argos and Lloyds TSB Bank
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    41
  • Auction
    26th March 2015
  • Rent
    £50,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £504,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Joint LPA Receivers
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Entirely let to British Heart Foundation
  • Popular and affluent Birmingham suburb
  • Sought after location on primary retail thoroughfare
  • Nearby occupiers include HSBC, Costa Coffee, Subway, Argos and Lloyds TSB Bank
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 41
  • Auction 26th March 2015
  • Rent
  • Status Sold
  • Price £504,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Joint LPA Receivers

Property Information

Location
Miles
4 miles south of Birmingham city centre, 5 miles north-west of Solihull, 15 miles west of Coventry
Roads
A41, A34, A38, M6 (Junction 6), M42 (Junction 5)
Rail
Acocks Green Railway Station
Air
Birmingham International Airport
Situation

Acocks Green is a popular suburb located approximately 5 miles south-east of Birmingham city centre. The property is situated on Shirley Road, close to its junction with Warwick Road (A41), Acocks Green’s main shopping area. Nearby occupiers include HSBC, Costa Coffee, Subway, Argos and Lloyds TSB.

Tenure

Freehold.

Location
Miles
4 miles south of Birmingham city centre, 5 miles north-west of Solihull, 15 miles west of Coventry
Roads
A41, A34, A38, M6 (Junction 6), M42 (Junction 5)
Rail
Acocks Green Railway Station
Air
Birmingham International Airport
Situation

Acocks Green is a popular suburb located approximately 5 miles south-east of Birmingham city centre. The property is situated on Shirley Road, close to its junction with Warwick Road (A41), Acocks Green’s main shopping area. Nearby occupiers include HSBC, Costa Coffee, Subway, Argos and Lloyds TSB.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary mezzanine and first floors.

6 Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary mezzanine and first floors.

6 Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground
Mezzanine
First
Retail/Ancillary
Ancillary
Ancillary
539.40 sq m
29.90 sq m
493.40 sq m
(5,806 sq ft)
(322 sq ft)
(5,311 sq ft)
BRITISH HEART FOUNDATION (1) 10 years from 18/05/2010 on a full repairing and insuring lease £50,000 18/05/2015
(17/05/2020)
Totals  
1,062.70 sq m
(11,439 sq ft)
    £50,000

(1) British Heart Foundation is a leading UK registered charity established in 1961 that currently operate over 700 retail outlets nationwide. (Source: www.bhf.org.uk 25/02/2015)

Property Documents

  • Catalogue Page
    Updated Date
    03.03.15
    File Size
    579 KB
    View PDF
  • Site Plan
    Updated Date
    03.03.15
    File Size
    81 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
Eversheds LLP 70 Great Bridgewater Street
Manchester
M1 5ES
Jayne Speers 0845 497 8717jaynespeers@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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