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  2. Shops for sale
  3. Royal Sutton Coldfield

43 Walmley Rd

Shop for sale

£210,000 695 sq ft

Burley Browne
View the performance or update the listing in CoStar
Contact name

David Hemming - Burley Browne

Full address
43 Walmley Rd, Sutton Coldfield B76 1NP – Royal Sutton Coldfield
Property owner
Walmley Ash Court Limited
Property type

Shop for sale

Asking price
£210,000
Available space range
There is 1 space available. This measures 695 sq ft.
Features
Bus Line
Brochure
Download the brochure

Sale details

Sale unit 2598939 Available

695 sq ft, £302.16 per sq ft

Unit Sale unit 2598939
Address 43 Walmley Rd, Sutton Coldfield, West Midlands, B76 1NP, GB
Size 695 sq ft
Price £210,000
Price per unit £302.16 per sq ft
Unit Sale unit 2598939
Address 43 Walmley Rd, Sutton Coldfield, West Midlands, B76 1NP, GB
Size 695 sq ft
Price £210,000
Price per unit £302.16 per sq ft
Sale type Investment
Tenure Long leasehold
Net income yield 7.33%
Financial type Actual
Financial year 2017
Net operating income £15,393

Sale notes

  • The property is let on a lease expiring 26 november 2029 at £15,000 per annum exclusive.
  • A rent review is due on the 27 november 2017 and 5 yearly thereafter.
  • The property has traded in recent years as an off licence and was re-let on this basis in november 2014 to m ghadir & s keian.
  • The landlord holds a rent deposit in the sum of £4,500 including vat.
  • The property is held on a 99 year ground lease from 25 december 1999 at a current ground rent of £195 per annum increasing to £390 in 2032 and £780 in 2065..

Property description

A ground floor shop with coated aluminium shop front, suspended ceiling, partitioned kitchen and WC to the rear. Rear door for loading purposes. The shop is situated within a modern parade of similar retail units including a hairdressers and a St Giles Hospice shop. Walmley comprises a wide cross-section of local retailers including convenience stores, post office, estate agents etc. The shop is behind a service road within the centre of the retail area.

Building subtype
Storefront retail residential
Number of storeys
3
Rentable building area
695 sq ft

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Royal Sutton Coldfield.

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View the performance or update the listing in CoStar

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Burley Browne. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Burley Browne for full details and further information.