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Property for sale
Warwick Road, Acocks Green, Birmingham, B27
£295,000
Warwick Road, Acocks Green, Birmingham, B27
£295,000
Price History
Initial price | £320,000 |
04/10/25 | £295,000 |
Price Change | -7.81% |
Description
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Here is a summary of the property description in a single paragraph:
The OPA presents a freehold high street retail investment with a current gross income of £23,000 per annum, let on a 10-year FRI lease. The property comprises a ground floor retail unit with ancillary accommodation and service access to the rear, situated in a popular commercial area with close proximity to other shops. The total area is 1,552 sq ft, with a ground floor of 914 sq ft and a first floor of 638 sq ft. The tenant, Azgif Ltd, has an option to break the lease in 2027, but will pay a £5,600 penalty if they do. The property is situated on the high street of Acocks Green, with nearby occupiers including Wilkos, Boots, and Costa. The property is being sold with a buyer's fee of 2% of the purchase price, subject to a minimum fee of £3,999.