Petrol station

A freehold site of 0.284 ha (0.701 acres) comprising a petrol station and forecourt with 8 pumps and a retail unit; with a secure yard comprising a hand carwash and tyre depot to the rear; and 6 retail units fronting Alum Rock Road. The units are currently trading as a mobile repair shop, a butchers, a Chinese restaurant, a chicken fast food restaurant occupying a double unit, and an ice cream parlour. All 6 retail units are located on the ground floor of the trading parade, and we understand that the first floor is utilised as storage accommodation.

Birmingham is located 17 miles south east of Wolverhampton, 23 miles north west of Coventry and 118 miles north west of London.  The property is situated less than one mile to the east of the city centre on the north side of Alum Rock Road, between the junctions of Tary Road and Langton Road. The subject property is situated in a predominantly retail area forming part of a prominent secondary retail parade within a mixed use area. Alum Rock Road continues in a north westerly direction linking at a roundabout junction with the A47 that provides access to Birmingham City Centre and forming part of its Ring Road system in a southerly direction, whilst in a northerly direction the A47 links with the A452 and in turn the M6 Motorway. The area is well served by public transport links with a number of bus routes running along the length Alum Rock Road providing access to surrounding towns and suburbs. Adderley Park overground railway station is situated approximately 0.5 miles south of the property and Duddeston overground railway station is situated just under two miles west of the property, both stations providing access to Birmingham City Centre and other surrounding suburbs. 

We are informed that the property is fully let generating a combined income of £117,000 per annum. We do not hold copies of the occupational leases but understand that the property is held subject to seven leasehold interests, which are predominately for seven year, terms let to a mixture of private individuals and small businesses. A copy of the tenancy schedule that has been provided to us has been set out below.

We have been unable to confirm the occupational lease terms and passing rents.