Freehold Trade Counter and Warehouse Ground Rent Investment
Majority let to SK Properties & Developments Ltd until 2138 (112 years unexpired, no breaks)
Sublet to Dulux Decorator Centre (in occupation for over 30 years)
Ground floor trade counter with loading bay and yard area
Approx. 1,020.30 sq. m. (10,982 sq. ft.)
10 yearly fixed rental increases from 2033 at 2% pa compounded
Prominent roadside location, approx. 0.5 miles from Birmingham City Centre
VAT-free investment
Lot 19
Auction 11th June 2026
Rent £36,570 per Annum Exclusive
Status Available
Guide* £650,000
Sector Ground Rent, Trade Counter, Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
0.5 miles from Birmingham city centre
Roads
A450, A38 (M)
Rail
Birmingham Snow Hill Station
Air
Birmingham Airport
Situation
The property is prominently situated in busy commercial location on the west side of New Town Row, north of the city centre and close to the junction with the A4540 which links directly to the A38(M), approximately 300 metres from the property. Neighbouring occupiers include Safestore and a range of other local industrial businesses.
Tenure
Freehold.
Location
Miles
0.5 miles from Birmingham city centre
Roads
A450, A38 (M)
Rail
Birmingham Snow Hill Station
Air
Birmingham Airport
Situation
The property is prominently situated in busy commercial location on the west side of New Town Row, north of the city centre and close to the junction with the A4540 which links directly to the A38(M), approximately 300 metres from the property. Neighbouring occupiers include Safestore and a range of other local industrial businesses.
Tenure
Freehold.
Description
The property comprises a substantial ground floor trade counter with significant frontage onto New Town Row with offices arranged on the upper two floors which have been let on a long lease.
The property also benefits from external loading bay and service yard and the right to park on the adjoining car park.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial ground floor trade counter with significant frontage onto New Town Row with offices arranged on the upper two floors which have been let on a long lease.
The property also benefits from external loading bay and service yard and the right to park on the adjoining car park.
VAT
VAT is not 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 sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Ground
Trade Counter
1,020.30
(10,982)
S K PROPERTIES & DEVELOPMENTS LTD (underlet to Dulux Decorator Centre)
125 years from 04/01/2013 until 01/01/2138
£36,570
Rising to £44,579 on 04/01/2033
First/Second
Offices
-
-
INDIVIDUAL
125 years from 03/01/2013
Peppercorn
(02/01/2138)
Total
1,020.30
(10,982)
£36,570
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
