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Wickes - Birmingham (Handsworth) Birmingham, B21 0LL

26,960 sq ft Retail - Out Of Town

Freehold Property to buy in Birmingham

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.

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