Wickes - Birmingham (Handsworth) Birmingham, B21 0LL
26,960 sq ft Retail - Out Of Town
Sale - Freehold
RECENTLY RE-GEARED, PROMINENTLY LOCATED RETAIL WAREHOUSE INVESTMENT IN A MAJOR UK CITY
Key points
- Handsworth is an established inner-city suburb of Birmingham, the commercial centre for the Midlands region.
- Prominent position fronting Holyhead Road (A41), a main arterial road into Birmingham.
- Purpose-built retail warehouse extending to 26,960 sq ft GIA.
- Recently regeared and let to Wickes Building Supplies Ltd until September 2033, providing approximately 8 years unexpired.
- Passing rent of £282,860 per annum, reflecting an affordable £10.49 per sq ft.
- The rent is subject to a further upwards only rent review to open market value (capped at 3% pac) in September 2028.
- Freehold. 1.72 acres.
Contact details
Matthew Roberts
matthew.roberts@montagu-evans.co.uk
M: 07818 538 231
Nick Richardson
nick.richardson@montagu-evans.co.uk
M: 07818 012 420
- Brochure
- Contact agentmatthew.roberts@montagu-evans.co.uk,nick.richardson@montagu-evans.co.ukWickes - Birmingham (Handsworth)