Directly opposite Parkgate Shopping Centre with occupiers including Prezzo, JD Wetherspoon, Pizza Express, Superdrug, Asda and Ponden Home
Other neighbouring occupiers include Nando’s, Halifax, TUI, Costa Coffee, Scrivens Optician and Barclays Bank
Lot 24
Auction 5th December 2018
Rent £20,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
2 miles west of Solihull town centre
5 miles south of Birmingham city centre
13 miles east of Coventry
15 miles north-west of Royal Leamington Spa
15 miles north of Stratford-upon-Avon
Roads
A34, M42, M40, M6
Rail
Shirley Railway Station, Solihull Station
Air
Birmingham International Airport
Situation
The property is prominently located on the eastern side of the busy Stratford Road (A34), directly opposite the entrance to the modern Parkgate Shopping Centre with major national multiple occupiers including Prezzo, Pizza Express, Superdrug, Asda and Ponden Home. Other neighbouring occupiers include Nando’s, Halifax, TUI, Costa Coffee, Scrivens Optician and Barclays Bank.
Tenure
Freehold.
Location
Miles
2 miles west of Solihull town centre
5 miles south of Birmingham city centre
13 miles east of Coventry
15 miles north-west of Royal Leamington Spa
15 miles north of Stratford-upon-Avon
Roads
A34, M42, M40, M6
Rail
Shirley Railway Station, Solihull Station
Air
Birmingham International Airport
Situation
The property is prominently located on the eastern side of the busy Stratford Road (A34), directly opposite the entrance to the modern Parkgate Shopping Centre with major national multiple occupiers including Prezzo, Pizza Express, Superdrug, Asda and Ponden Home. Other neighbouring occupiers include Nando’s, Halifax, TUI, Costa Coffee, Scrivens Optician and Barclays Bank.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground floor and ancillary accommodation on the first floor. The property benefits from a return frontage.
VAT
VAT is applicable to this lot.
Note
181 to 185 Stratford Road is being offered separately as Lot 48,187 Stratford Road is being offered separately as Lot 45 and 189 Stratford Road is being offered separately as Lot 38.
Completion Period
Six Week Completion
EPC
Band D. See legal pack at acuitus.co.uk.
Description
The property comprises retail accommodation on the ground floor and ancillary accommodation on the first floor. The property benefits from a return frontage.
VAT
VAT is applicable to this lot.
Note
181 to 185 Stratford Road is being offered separately as Lot 48,187 Stratford Road is being offered separately as Lot 45 and 189 Stratford Road is being offered separately as Lot 38.
Completion Period
Six Week Completion
EPC
Band D. See legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Retail Ancillary
41.70 sq m 14.60 sq m
(449 sq ft) (157 sq ft)
INDIVIDUALS t/a Horton and Storey Chartered Surveyors (1)
5 years from 12th September 2017 on a full repairing and insuring lease
£20,000
11/09/2022
Total
56.30 sq m
(606 sq ft)
£20,000
(1) Horton & Storey is regulated by the Royal Institution of Chartered Surveyors.
