Stuart House, Station Road, Erdington

Property Description

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*Freehold Commercial / Development Opportunity* TO LET - £50,000 Year* Strategic Urban Location
*2600 Sq.ft Warehouse* Roller Shutter* 1000Sq.ft / 8 Offices* Reception* Toilets* Kitchen Facilities
*Versatile Premises* Vacant Possession* Viewing recommended* EPC - C(68)

Description - Detached Commercial Unit extending to approx. 3,600 Sq ft. Comprising generous brick built two story office block and adjoining warehouse provisions with ancillary office / stores and W/c facilities. The premises can be easily converted into self contained accommodation units if required. Constructed during the 1990`s the premeses offer gas central heating, double glazing and array of security features including alarm, cameras and roller shutter. Providing convenient access and parking provisions. EPC - C. Vacant possession. Early viewing highly recommended.
Ideal Investment with a proposed 10% Yield.

Directions - Versatile Commercial / Office proposition strategically situated at the heart of Erdington`s vibrant commercial and retail centre on the periphery of Birmingham.

Front Elevation - The property is situated in a prominent position off Station Road with an attractive passing trade potential. Set behind an attractive block paved courtyard / parking area with and an Inviting approach to the main Reception.

Parking Provisions - Welcoming parking area for multiple vehicles extending to the front of the building with additional provisions to the rear (Subject to agreement). Side vehicular access for loading and oversized roller shutter providing internal access to the building.

Reception - Accessed via double glazed security doors with intercom facility. Access to Cloaks facilities, ground floor Offices and into the Warehouse.

Ground Floor Offices & Facilities - Modern multi purpose office / showroom space providing versatile usage. Can easily be converted into an open plan showroom or residential accommodation if desired.
(approximately 650 sq ft. of office space) .
Neutrally presented with double glazing, radiators and modern telecominication access features. Internal access doors into the warehouse,communications room and leading to the first floor.

Office 1 - 5.22m x 3.68m
Office 2 - 3.92m x 2.50m
Office 3 - 3.12m x 2.58m

Kitchen & Cloaks Facilities - kitchenette area with range of fitted units, sink unit and space for appliances. Doors leading through to seperate rcloaks facilities.

Warehouse - 21.67m x 11.05m (71'1" x 36'3" ) - Approximately 2,600 Sq.ft, of Open Warehouse space.
Access to separate W/c facilities.

Accessed via a roller shutter to the side elevation providing vehicular access - 4m height / 5.50m width. External pedestrian access / fire door and internal door through to offices, Reception, canteen and the first floor. Phase 3 electric available, ceiling lights, solid block construction with a pitched profile sheet roof incorporating inset plastic light sheeting.

First Floor Offices & Facilities - (Potential to be separated into HMO units or residential use subject to planning - * See additional information)
W/c and four individual offices. Double glazed windows, radiators and recessed strip lighting.
Hallway
W/c
Office 4 - 5.04m x 3.68m
Office 5 - 4.75m x 3.70m
Office 6 - 4.18m x 2.48m
Office 7 - 3.36m x 2.50m
Office 8 / Store

Investment / Development Opportunity - The current owner has investigated and secured approval regarding a variety of HMO and residential conversion schemes.
Further details can be obtained upon enquiry.
Alternatively the premeses provide a recommended 10% Investment Yield.

An estimated annual income minus agent management fees 10% could be as high as £225,000 with an estimated build cost of £400,000

Proposal -

Agents Note - We have not inspected nor tested any of the appliances or services and prospective purchasers are advised to make their own enquiries regarding the adequacy and condition of these installations.
All measurements given are approximate and for guidance purposes only.

Tenure - We have been advised by the vendor that the property is FREEHOLD. We have not been able to confirm this by reference to the title deeds and therefore prospective purchasers are advised to obtain verification from the vendors solicitors during pre-contract enquiries.

Anchor Estates Ltd have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Availability - The premises are will be Vacant on completion.

Viewings - Strictly by appointment - AE Commercial

Disclaimer - These particulars are intended as a guide only and must not be relied upon as statements of fact. Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These particulars do not constitute a contract or part of a contract. All measurements quoted are approximate. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.