5/5A Coleshill Street, Sutton Coldfield, B72

Property Description

Description
Property description
An impressive opportunity to secure this two-storey investment property in the heart of Sutton Coldfield.

The property is located in a prominent location on Coleshill Street and has 6 dedicated private car parking spaces at the rear.

All areas are fully leased, with the ground floor yielding an annual income of £25,000 and the first-floor offices bringing in £12,000 per year. This results in a total rental income of £37,000. Details of the tenancy is available upon request from the Agent.

Distances - Sutton Coldfield town centre 0.5 miles
Lichfield 9.0 miles
Birmingham City Centre 6.5 miles
Birmingham International/NEC 10.5 miles
(Distances approximate)

These particulars are intended only as a guide and must not be relied upon as statements of fact.

Description - This is an ideal investment opportunity in the heart of Sutton Coldfield. The property comprises a terraced two-storey building of traditional red brick construction surmounted by pitched tiled roof with retail space at ground level and office accommodation on the floor above. The property dates back to the mid-18th Century and is Grade II listed. A short walk from Sutton Coldfield Town Centre, the property overlooks the Trinity Church gardens and is only a stone's throw away from the main shopping centre and Sutton Coldfield Railway Station.

The property is located in a prominent location on Coleshill Street and has 6 dedicated private car parking spaces at the rear.

Location - The property lies within the heart of Sutton Coldfield opposite Holy Trinity Parish Church. Sutton Coldfield town centre is within walking distance. The property further benefits from off street parking to the rear of the property.
The premises are well located for access to all surrounding areas including Birmingham City Centre, Sutton Coldfield and Birmingham Airport and the NEC. Sutton Coldfield is also well placed for the M42 and M6 toll motorway.
Total net internal floor area extends to: 145 square metres / 1556 square feet approx.

Services - It is understood that the property is connected to mains gas, electricity, water and drainage.

Terms - The property is offered for sale Freehold

Outgoings - Interested parties should check the Rateable Value with the local authority Birmingham City Council.

Vat - All prices and rents are quoted exclusive of VAT, which may be payable in addition.

Legal Costs - Each party will be responsible for their own legal costs.

Viewings - Strictly by appointment through the Sole Selling Agents - AE Commercial

Fixtures And Fittings - Only those items mentioned in the sales particulars are to be included in the sale price. All others are specifically excluded but may be available by separate arrangement.

Disclaimer - Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed. If there is any point which is of particular interest to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These particulars do not constitute a contract or part of a contract. All measurements quoted are approximate. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Broadband Average Speed In Area - Broadband Average speed in area : 160.30 Mbps

Council Tax Band - COUNCIL TAX BAND : A