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COMMERCIAL

Stratford Road, Shirley, Solihull

£650,000
Earles, Henley In Arden
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Investment Property Including:
  • Two Shops
  • 2-Bedroomed Flat
  • Rear Access for Parking and Garage
  • Ample Parking to Front
  • Prominent Location

Description

We are instructed to seek a new investor for these premises briefly comprising; two shops, offices, duplex apartment, rear parking and garage. They have a current rent roll of £18,500 per annum for Number 372, £14,000 per annum for the shop at Number 374 and £7,800 per annum (£650 per calendar month) for the duplex apartment above Number 374, giving a total rental income of £40,300 per annum, although it is to be noted that the rents for the commercial units have not be reviewed for many years.

The commercial leases are on FR&I terms (save the main structure and roof) and all three tenants have been in occupation for a considerable number of years.

Within the Freehold title, there is excellent off-road parking to the front of both shops and further parking is available at the rear, being accessed between Numbers 384 and 386, which also serves other commercial units and two residential dwellings beyond. There is also a single garage that adjoins the parking area.

The sought-after town of Shirley is known for its excellent range of amenities and convenient transport links. The High Street boasts a blend of major retailers, independent stores and a wide selection of restaurants and pubs. There are plenty of efficient bus services that connect Shirley to Solihull and Birmingham City Centre, while the nearby railway station at Shirley provides regular trains to Birmingham, Henley-in-Arden, Kidderminster and Stratford-upon-Avon. The area is also easily accessible via the M42, with Birmingham International Airport (BHX) and the National Exhibition Centre (NEC) being within an approximate 20-minute drive.

Number 372 -

Front Shop Area - Totalling 20.12 sqm.

Kitchen - Totalling 4.78 sqm.

Rear Hallway - Doors to:

Large Storage Cupboard - Totalling 5.10 sqm.

Work Area - Totalling 2.49 sqm.

Separate Wc -

Rear Office - Totalling 13.64 sqm; with door leading to the rear parking area.

First Floor -

Central Landing -

Front Office - Totalling 16.33 sqm.

Rear Office - Totalling 8.37 sqm.

Second Floor -

Office - Totalling 17.07 sqm.

Number 374 -

- Shop -

Front Shop Area - Totalling 46.80 sqm.

Rear Shop Area - Totalling 9.73 sqm.

- Duplex Apartment - Totalling 93.00 sqm; having independent access from the frontage (between Number 372 and 374) and also access at the rear via separate stairway.

Entrance Hall -

Kitchen -

Living Room -

Bedroom One -

Bedroom Two -

Bathroom -

Rear Parking Area -

Separate Single Garage -

Additional Information - Services:
All mains services are connected.

Tenure:
The properties are Freehold (registered under title numbers 'WM458206', 'WK159797' and 'WM60844') and subject to leases, as referred to above.

Council:
Solihull Metropolitan Borough Council (

Fixtures & Fittings:
In accordance with the terms of the leases.

Viewing:
Strictly by prior appointment with Earles / ).

Earles is a Trading Style of 'John Earle & Son LLP' Registered in England. Company No: OC326726 for professional work and 'Earles Residential Ltd' Company No: 13260015 Agency & Lettings. Registered Office: Carleton House, 266 - 268 Stratford Road, Shirley, West Midlands, B90 3AD.

Brochures

Stratford Road, Shirley, SolihullBrochure

Energy Performance Certificates

EE Rating

Stratford Road, Shirley, Solihull

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shirley Station1.0 miles
  • Whitlock's End Station1.5 miles
  • Solihull Station1.6 miles

About Earles, Henley In Arden

74 High Street, Henley-In-Arden, B95 5BX
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Moving house is a demanding personal experience. On average, most of us may only move house once or twice in a lifetime and therefore we have a limited amount of experience and first hand knowledge.

Earles, an independent firm of Chartered Surveyors, Auctioneers and Estate Agents have a considerable amount of experience in helping people market their properties and achieve a sale, in what can only be described as current challenging market conditions.

Although we have a traditional approach to property and estate agency, we are a modern, up-to-date practice but our company’s biggest strength lies in our genuinely warm, friendly and professional approach that we offer to all our clients.

Our record of success has been built upon a single-minded desire to provide our clients with a top class professional service, delivered by highly motivated and well-trained staff. A sign of this success is the fact that a large proportion of our business is from referrals and satisfied clients who have been recommended to come to us by friends and family.

If advice is required, should you have bought a property from another agent, our team of Chartered Surveyors are able to undertake on your instructions, a full Homebuyers Survey or, for a lesser fee, a Home Condition inspection to help reassure you that the property you have agreed to purchase is as you had expected.

Notes

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Disclaimer - Property reference 33807166. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Earles, Henley In Arden. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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