Size (sq. ft) 0
Tenure Freehold
Price £500,000
Download(s)
Brochure
585 - Sutton Coldfield.pdfLocation
Situated just north of Birmingham in the Royal Town of Sutton Coldfield, Four Oaks is an affluent, well-regarded and established area known for its excellent transport links, professional community, and attractive surroundings. The location benefits from a strong local demographic, a mix of independent businesses and national retailers, and close proximity to Sutton Park, offering green space and amenities for both employees and clients.
Accommodation Text
The premises comprises two ground floor retail shops, with a single flat at first floor. The property benefits from private rear parking for up to 8+ vehicles. Acres Estates occupies 74a on a 5-year lease from December 2025, at a passing rent of £14,000 pax. There is a TOB in Dec 2028. SAR Bakery Limited occupies 74b on a 5-year lease from April 2026, at a passing rent of £15,000 pax. There is a TOB in April 2029. The first-floor flat is occupied by a private individual on an AST, paying £12,000 pax (£1,000 pcm).
EPC
74a - Under re-assessment 74b - C(67) - Expires November 2035
Service Charge Information
Given the minimal amount of shared services, the landlord operates an ad-hoc service charge, where communal costs are recharged in arrears after they are incurred.
Planning
The retail premises operate under E Class and the first floor apartment is consented residential.
VAT
The premises are not elected for VAT purposes.
Legal Costs
Each party to be responsible for their own legal costs.
Viewings
Strictly by prior-appointment with the Sole Retained Agents.