The subject property is located 3 miles (4.8km) to the west of Birmingham City Centre. Birmingham is approximately 50 miles (80km) to the south west of Nottingham and 85 miles (137km) to the south east of Manchester.
The subject property is situated off St Matthews Road at the junction with Windmill Lane (B1436). Windmill Lane runs in a northerly direction towards the A457 which provides direct access to the M5 Motorway.
Smethwick Rolfe railway station is 20 minutes walk.
The subject property is part of a three storey building built around 1972 of concrete frame construction, brick walls and concrete tile roof. The property has timber framed windows.
The subject premises are located on the ground floor, comprising of a self-contained office with a frontage to the external elevation and rear entrance from within the building.
The head lease also includes a laundry, accessed from within the ground floor corridor. There is also a store accessed independently from the rear elevation as well as internally. Neither the store or laundry area have been measured or inspected.
Total 25.91m2 279 ft2
Approx. gross internal floor area.
We understand the property has mains electricity, water and drainage.
Long leasehold interest for a term of 99 years from 1 August 2009 until 31 July 2108. The annual ground rent is £1,050.
Potential Rental Income
We estimate that the property will let for £250-£300 per calendar month as a studio.
Permitted development rights may allow a conversion from an office to a studio apartment.
The premises do not appear to have been assessed for business rates.
However, we recommend that interested parties contact Birmingham City Council on 0121 303 5509 for more information.
To view this property, please contact John Pye Property – email@example.com – 0115 970 6060
✓ Head Lease for sale
✓ Long leasehold
✓ 92 years remaining on lease
✓ Close to central Birmingham
✓ Estimated rental £250 to £300 pcm
✓ Close to Smethwick Rolfe
Phone: 0115 970 6060
Our Ref: PR195