£ 475,000
Added: 09/04/2025
GDV£525,000
Profit£0
ROCE0%
Strategy: Conversion
Sourced is pleased to present a rare opportunity to acquire a commercial property in Birmingham, ideal for conversion to residential use, offices, or a combination of warehouse and office space. The property is a 2-storey detached industrial premises, featuring driveway access from Mallard Close and rear loading access via Station Road. Located in Acocks Green, a busy suburb of Birmingham, the site is just 5 miles southeast of Birmingham City Centre and 4 miles northwest of Solihull Town Centre.
We understand the property has consent under Use Class B2 (General Industrial) but may be suitable for alternative uses subject to obtaining the necessary planning consent.
Could be maintained as a commercial unit or turned into apartments or an indoor sports facility.
▪ Offers in the region of £475,000 + 2% Sourcing fee
Accommodation:
▪ Warehouse: 4,840 ft2 (450 m2)
▪ Offices: 1,790 ft2 (166 m2)
▪ Total (GIA): 6,630 ft2 (616 m2)
▪ Rateable value: £21,000
▪ Rates payable: £10,752 per annum approx.
▪ Purchase price: £475,000
▪ GDV: £525,000
▪ Purchase costs: £168,250
Sourced reference: 228132733172834
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
No information supplied.
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