Commercial Property
The property comprises a spacious double fronted mid terraced retail premises, which until recently was used as a modern pharmacy and benefits from a large single store extension to the rear.
The accommodation is well presented and is considered suitable for a variety of alternative uses, subject to obtaining any appropriate planning permission.
On the first floor there are two self-contained flats each comprising living room, kitchen, bedroom and shower room with WC.
The property occupies a prominent position fronting the northern side of Alum Rock Road near its junction with Foxton Road, situated between Saltley and Ward End. The area is a predominately well established residential neighbourhood, mixed with local retailers and Ward End Park lies a short distance to the north.
Alum Rock Road is a busy local traffic route throughout the day and the property is considered to occupy an excellent trading position with a good immediate catchment area for trade and a high volume of potential passing trade.
We understand that the property is Freehold and the ground floor retail area will be available with vacant possession upon completion.
We understand that both of the flats are currently let by way of Assured Shorthold Tenancies, each producing £300 per calendar month (£7,200 per annum).
Further details will be available within the legal pack.
We understand that VAT is not chargeable on this transaction.
Strictly by arrangement with the Auctioneers.
Freehold.
