45 Walmley Road, Sutton Coldfield, West Midlands, B76 1NP

Description

A modern self contained ground floor retail unit let to C. Crawford Funeral Directors. Rear access for loading and unloading is provided via a gated courtyard and approached off Wylde Green Road.

Location

The premises are is situated in the centre of Walmley Village, close to its junction with Wylde Green Road, within a parade of shops to include Acres Estate Agent, Walmley Drinks, and Ré Spa, and benefitting from off road customer parking behind a service road. Other occupiers within Walmley include the likes of Co-op, Lloyds Pharmacy, Post Office together with a mix of local retailers.

Walmley is a popular suburb on the outskirts of Sutton Coldfield and are well placed for access to the A38, M42, M6 Toll and Birmingham City Centre.

Floor Areas

Ground floor retail: 65m / 700 sq ft
Staff WC

Terms

The property is held on a long leasehold basis for a term of 99 years from 25 December 1999 at a ground rent of £195 pa, which increases to £390 pa from 25 December 2032, and to £780 pa from 25 December 2065.

The property is currently let to Celina Crawford (Funeral Director) on a 10 year lease from 24 March 2025 at a rent of £16,000 pa exclusive, subject to tenant breaks at the 3rd and 7th anniversary of the lease, and rent review at the 5th anniversary.

Copies of the title documents and the lease are available via the data room which can be accessed via our website - click here

EPC

Energy Performance Rating C - 57. Certificate available on request.

VAT

All figures quoted are exclusive of VAT which we understand will not be applicable.

Money Laundering

In accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant. For a company, any person owning more than 25% must provide the same.

Legal Costs

Each party will be responsible for their own legal costs incurred in the transaction.