Facet House, Facet Road
Birmingham
Facet House, Facet Road, Kings Norton, Birmingham, B38 9PT
£650,000
13170 sq. ft.
The property comprises a collection of industrial units (5 in total), which are let on basically FRI terms, with tenants being responsible for rent, business rates, mains supplies consumed and insurance (reinstatement).
The landlord is responsible for the upkeep and maintenance of all roof structures.
Steel framed/brick construction. Corrugated roof claddings.
Predominantly ground floor. Relatively small, 2 storey structure to the front.
A schedule of the tenants, currents rents and our opinion of current open market rental values are attached.
Key features
MULTI OCCUPIED INDUSTRIAL INVESTMENT OPPORTUNITY
13,170 sq.ft/1,224 sq.m
• Total site area circa, 0.45 of an acre/ 0.18 of a hectare
• Potential yield in excess of9%
• 5, self contained units
• 4 miles north of junction 2 of the M42 motorway
• 5 miles south of Birmingham City Centre
Brochure
Related properties
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1 & 2 Bridge View, Lower High Street, Coleshill, Birmingham, B46 1BE
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- 1525 sq. ft.
- For Sale
£460,000
RETAIL/RESIDENTIAL
Commercial 664 sq.ft/61.69 sq.m
(Tenanted)
Residential 861 sq.ft/79.98 sq.m
(Vacant)
• Prominent corner position, situated at the intersection of Lower High Street & Old Mill Road
• Return frontage
• 3 bedded, self contained apartment, accessed to the rear
• Enclosed yard, permitting further development/extension
• Single garage facility/off street car parking
• Forming part of a terrace of 5 retail outlets – communal forecourt parking
• Full height glazed display windows – electrically operated security shutter
• Residential element recently refurbished
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2585-2589 Coventry Road Sheldon Birmingham B26 3PX
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- 4156 sq. ft.
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** SOLD **
SUBSTANTIAL RETAIL/RESIDENTIAL INVESTMENT OPPORTUNITY
4,156 sq.m/386.13 sq.m
• Comprising 3, 2 bedded self contained first floor apartments, a ground floor restaurant facility and a hairdressing salon
• Fully occupied – total current income - £43,200 per annum.
• Prominent corner position.
• Within relative close proximity to Junction 6 of the M42 Motorway, NEC, Birmingham International Airport & Railway
• Surrounding areas include Hatchford Brook Golf Course, Eagle Court Business/Office Park, Elmdon Park and a major Jaguar Land Rover Car Production Facility
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1176/1178 Coventry Road, Birmingham, B25 8DA
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- 775 sq. ft.
- For Sale
£500,000
• The accommodation comprises commercial, two, 2 bedded, self-contained apartments and 4 letting bedrooms at first floor.
• Extensive frontage onto the main Coventry Road (A45 – Considerable traffic flow).
• Gas fired central heating throughout.
• Total current income - £33,480 per annum exclusive.
• Total potential income - £40,000 per annum exclusive.