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Clinton House, High Street, Coleshill, B46 3BP

Sold Prior to auction, for an undisclosed amount.
 

Guide Price £475,000-£500,000 plus fees


Thursday 2nd July 2015

11.00am
Key Features
A Prominent Freehold Town Centre Retail and Office Investment Property<1mm/> Current Rental Income: £55,400 pa.
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Sold Prior to auction, for an undisclosed amount.

Commercial Property

Is Preliminary Lot

False

Location

The property occupies a prominent position fronting High Street in the heart of Coleshill Town Centre being opposite Tesco Express and Barclays Bank. Within the vicinity, there is a good mix of local and national retailers, pubs, restaurants and professional offices.
Coleshill is a historic market town in North Warwickshire, lying approximately 11 miles east of Birmingham City Centre and 10 miles north of Solihull Town Centre. Coleshill benefits from excellent access to the regional and national motorway network, with the M6, M6 Toll and the M42 motorways all in close proximity. The Town further benefits from a new railway station at Coleshill Parkway and is also well served by local bus services.

Property Description

Clinton House comprises a prominent part two, part single storey office building of brick construction with a tiled roof, which was developed in two phases, originally dating from the late 1960s/early 1970s. The accommodation is divided into four separate areas, extending in total to approximately 4,740 sq.ft. (440 sq.m.) and benefitting from a surfaced rear car park for approximately 22 cars. The offices are well presented throughout and benefit from central heating.

Property Type

Commercial Investment

Tag Line

A Prominent Freehold Town Centre Retail and Office Investment Property
Current Rental Income: £55,400 pa.

Tenure

We understand that the property is Freehold and is being sold subject to the existing tenancies.

Value Added Tax

We understand that VAT will be chargeable upon this transaction. Further details will be within the special conditions of sale contained within the legal pack.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: