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For Sale – Prominent Supermarket Investment (Under, 870 Stratford Road, Sparkhill, Birmingham, B11 4BS
12,015 Sq Ft / Retail / General Retail
Withdrawn - Last updated: 16 August 2023
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 Centre
- Terms 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 reviews
- Long-standing tenant
- Car park with circa 55 spaces
- Medium to long-term asset management / redevelopment potential S.T.P
- Offers invited in the order of £1,625,000
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