Commercial Property
The property is prominently located fronting the northern side of Bromford Drive, which runs off the main A4040 Bromford Lane, close to the Erdington and Hodge Hill borders. Situated within the heart of a large residential estate, the property is considered to occupy an excellent catchment area for its existing use.
On Behalf of The Joint LPA Receivers
The property comprises a former neighbourhood petrol filling station, currently used as a vehicle repair garage and MOT centre. The property comprises a large surfaced forecourt with office and workshop building to the rear. The workshop benefits from a roller shutter loading door, rolling road, inspection pit and two post vehicle lift.
Commercial Investment
A Freehold Vehicle Repair Garage & MOT Centre Investment
Current Rent Passing: £12,000 pa.
We understand that the property is Freehold and is being sold subject a new full repairing and insuring Lease for a term of 10 years at an initial rental of £12,000 per annum. There is provision for a rent review at the end of the 5th year.
A copy of the Lease will be available for inspection within the legal pack.
We understand that VAT will not be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.
