Last Updated: 08th Apr 2020
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For Sale - Prominent Supermarket Investment870 Stratford Road, Sparkhill Birmingham , B11 4BSRef14908CategoryInvestTypeRetail, Supermarket/FoodstoreStatusAvailablePrice/Rent£ 1,625,000BreeamNot AssessedSize12,015 - 12,015 sq ft(1,116 - 1,116 sq m)A prominent supermarket investment situated in Sparkhill, Birmingham, being offered for sale on behalf of Joint LPA Receivers. Key detail as follows:Located on busy A34 Stratford Road, a key arterial route into Birmingham City CentreTerms agreed for new 10-year lease to Goldens International Ltd at £107,500 p.a.New lease on FRI terms, excluded from the 1954 Act and contains 3 yearly rent reviewsLong-standing tenantCar park with circa 55 spacesMedium to long-term asset management / redevelopment potential S.T.POffers invited in the order of £1,625,000
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