187 Stratford Road Shirley West Midlands B90 3AU

  • 187 Stratford Road<br>Shirley<br>West Midlands<br>B90 3AU

187 Stratford Road
Shirley
West Midlands
B90 3AU

Freehold Retail Investment

  • Let to Marie Curie Cancer Care until 2025 (subject to option)
  • Busy and affluent Birmingham suburb
  • 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
    45
  • Auction
    5th December 2018
  • Rent
    £27,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £358,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Interested?
  • Expand
  • Photos
  • Map

Freehold Retail Investment

  • Let to Marie Curie Cancer Care until 2025 (subject to option)
  • Busy and affluent Birmingham suburb
  • 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 45
  • Auction 5th December 2018
  • Rent £27,500 per Annum Exclusive
  • Status Sold
  • Price £358,000
  • 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.

VAT

VAT is applicable to this lot.

Note

179 Stratford Road is being offered separately as Lot 24, 181 to 185 Stratford Road is being offered separately as Lot 48 and 189 Stratford Road is being offered separately as Lot 38

Completion Period

Six Week Completion

EPC

Band B. See legal pack at acuitus.co.uk.

Description

The property comprises retail accommodation on the ground floor and ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Note

179 Stratford Road is being offered separately as Lot 24, 181 to 185 Stratford Road is being offered separately as Lot 48 and 189 Stratford Road is being offered separately as Lot 38

Completion Period

Six Week Completion

EPC

Band B. See legal pack at acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground
First		 Retail
Ancillary
75.20 sq m
27.00 sq m
(809 sq ft)
(291 sq ft)
 MARIE CURIE
CANCER CARE		 10 years from
13/03/2015 until 2025
on a full repairing and
insuring lease (2)		 £27,500 13/03/2023
(12/03/2025)
Total
102.20 sq m
(1,100 sq ft)
     £27,500  

(1) Marie Curie Cancer Care is a registered charity (207994) that supports people with terminal illnesses. For the year ending 31st March 2018, Marie Curie Cancer Care reported free reserves of £100,204,000 (Marie Curie annual report and accounts 2017 - 2018).
2) The lease provides for a tenant option to determine the lease on 13th March 2023.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Cearns Kay Apsley House, 176 Upper Richmond Road
London
SW15 2SH
Peter Kay 0203 174 1233peter.kay@cearnskay.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

You may also be interested in

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?