RESIDENTIAL INVESTMENT 101 9 ALCESTER RD ......2019/09/18  · FOR SALE ON NEW 125 YEAR LONG LEASE...

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FOR SALE ON NEW 125 YEAR LONG LEASE RESIDENTIAL INVESTMENT ALCESTER RD MAYPOLE BIRMINGHAM B14 5JE 1019 22 RECENTLY COMPLETED VACANT UNFURNISHED 1 & 2 BED APARTMENTS ON TWO FLOORS ABOVE AN ALDI FOOD STORE - (NOT INCLUDED) THRIVING SOUTH BIRMINGHAM CENTRE.

Transcript of RESIDENTIAL INVESTMENT 101 9 ALCESTER RD ......2019/09/18  · FOR SALE ON NEW 125 YEAR LONG LEASE...

Page 1: RESIDENTIAL INVESTMENT 101 9 ALCESTER RD ......2019/09/18  · FOR SALE ON NEW 125 YEAR LONG LEASE RESIDENTIAL INVESTMENT ALCESTER RD MAYPOLE BIRMINGHAM B14 5JE 101 9 • 22 RECENTLY

FOR SALE ON NEW 125 YEAR LONG LEASE

RESIDENTIAL INVESTMENT ALCESTER RDMAYPOLEBIRMINGHAM B14 5JE

101 9

• 22 RECENTLY COMPLETED VACANT UNFURNISHED 1 & 2 BED APARTMENTS • ON TWO FLOORS ABOVE AN ALDI FOOD STORE - (NOT INCLUDED) • THRIVING SOUTH BIRMINGHAM CENTRE.

Page 2: RESIDENTIAL INVESTMENT 101 9 ALCESTER RD ......2019/09/18  · FOR SALE ON NEW 125 YEAR LONG LEASE RESIDENTIAL INVESTMENT ALCESTER RD MAYPOLE BIRMINGHAM B14 5JE 101 9 • 22 RECENTLY

• 22 RECENTLY COMPLETED VACANT UNFURNISHED 1 & 2 BED APARTMENTS • ON TWO FLOORS ABOVE AN ALDI FOOD STORE - (NOT INCLUDED) • THRIVING SOUTH BIRMINGHAM CENTRE.

FOR SALE - ON NEW 125 YEAR LONG LEASE

ALCESTER RDMAYPOLEBIRMINGHAM B14 5JE

101 9

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1019 ALCESTER ROAD, MAYPOLE, BIRMINGHAM, B14 5JE 3

22 RECENTLY COMPLETED 1 & 2 BED APARTMENTS

A435 Birmingham and Kings Heath

Solihull

ALCESTER ROADSOUTH MAYPOLE B14 5JE

101 9M42 Motorway 5 miles

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LOCATION

Located in a landmark position at the junction of A435 Alcester Road andMaypole Lane.

Seven miles south of Birmingham City centre, four miles from Solihull town centre and five miles from the M42.

ALCESTER ROADSOUTH MAYPOLE B14 5JE

101 9

A435

A45

A34

A41

M5

M6

41019 ALCESTER ROAD, MAYPOLE, BIRMINGHAM, B14 5JE

M42

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SUMMARY • Situated above a thriving retail food store.• 22 Apartments with 9 two bedroom and 2 one-bedroom Apartments on each floor.• Well specified unfurnished units with kitchens, bathrooms and fully carpeted/laminated flooring.

• Available as a whole only, not individually.• Dedicated 8 person lift, post boxes and stairs.• Private Entrance Lobby with video intercoms.• Fully alarmed with heat, smoke and carbon monoxide detectors.

51019 ALCESTER ROAD, MAYPOLE, BIRMINGHAM, B14 5JE

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THE PROPERTYThe property comprises of the first and second floors of a development

completed in 2019. The two floors are being offered for sale on the basis of a

new long leasehold interest of 125 years.

Each floor mirrors the other and offers a gross area of 1857.9 m 19998 sq/ft

(includes ground floor lobby and stairwells).

All measurements are approximate and are taken from architect’s plans.

Situated on a very popular bus route, the nearby occupiers include Aldi,

J Sainsbury, Starbucks Drive Thru, Travelodge and others in the adjacent retail

development.

The scheme does not have dedicated parking but there is on-street parking in

the area. The units have been completed recently and are being offered for

sale as a single investment, so the buyer will be able to let out individually or

to sell individually.

61019 ALCESTER ROAD, MAYPOLE, BIRMINGHAM, B14 5JE

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SPECIFICATIONKitchen

All kitchen units are from Howden in the Clerkenwell Super Matt

Cashmere Range. Kitchen worktops are White Marble Effect 38mm

Square Edge with a pre-finished solid worktop breakfast bar.

An oven, hob and cooker-hood from Howden are fitted in each kitchen.

Other kitchen white goods can be supplied to match subject to terms.

Bathroom

Howden bathroom units are fitted together with WC and sink, bath

and shower.

Flooring

All apartments have been fitted with laminate flooring throughout the

living, kitchen/dining areas and carpet in the bedrooms.

Heating

Heating within the flats is from a series of electric room storage heaters

wired to both main and off-peak meters. They are thermostatically

controlled and programmed. There is no gas supplied to the building.

Communal Areas

Energy saving LED lighting , video entrance system and secure front door

with fobs. 8 person lift & stairs.

71019 ALCESTER ROAD, MAYPOLE, BIRMINGHAM, B14 5JE

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8 person LIFT

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Flat 1 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 2 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 3 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 4 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 5 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 6 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 7 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 8 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 9 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 10 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 11 2 Bed Corner Flat 67.00 m2 (721 sq/ft)

First Floor

Flat 12 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 14 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 15 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 16 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 17 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 18 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 19 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 20 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 21 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 22 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 23 2 Bed Corner Flat 67.00 m2 (721 sq/ft)

Second Floor

FLAT AREAS:

Note: Areas provided are as designed and may vary slightly from as built areas.

2nd FLOOR PLAN Scale 1:125

Flats 1-12 & 14-23, 1019 Alcester Road South, Maypole, BIRMINGHAM B14 5JA1st FLOOR PLAN Scale 1:125

1019 ALCESTER ROAD, MAYPOLE, BIRMINGHAM, B14 5JE 8

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Flat 1 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 2 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 3 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 4 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 5 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 6 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 7 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 8 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 9 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 10 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 11 2 Bed Corner Flat 67.00 m2 (721 sq/ft)

First Floor

Flat 12 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 14 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 15 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 16 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 17 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 18 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 19 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 20 2 Bed Flat 69.10 m2 (744 sq/ft)Flat 21 1 Bed Flat 49.55 m2 (533 sq/ft)Flat 22 2 Bed Corner Flat 67.00 m2 (721 sq/ft)Flat 23 2 Bed Corner Flat 67.00 m2 (721 sq/ft)

Second Floor

FLAT AREAS:

Note: Areas provided are as designed and may vary slightly from as built areas.

2nd FLOOR PLAN Scale 1:125

Flats 1-12 & 14-23, 1019 Alcester Road South, Maypole, BIRMINGHAM B14 5JA1st FLOOR PLAN Scale 1:125

APARTMENT AREAS:

All areas are approximate and are subject to measurement and do not scale.

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PRICE

Premium offers in the region of £2.5million

exclusive are invited for the benefit of the whole of this property on the basis of a new 125 year lease

with a peppercorn rental and a service charge to

cover communal parts.

PLANNING

VAT

ENERGY PERFORMANCE CERTIFICATES

The scheme benefits from a full detailed planning

permission and details can be forwarded to

interested parties. The scheme is free of any

section 106 agreement in relation to social

housing requirements.

Vat is applicable.

Rated B throughout.

Certificates available on request.

Subject to contract Only.i. the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.ii. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact, but satisfy themselves by inspection or otherwise as to the correctness of each of them. iii. No person in the employment of Rae & Co Ltd or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property.iv. All prices are quoted exclusive of V.A.T.

DisclaimerRae & Co Ltd conditions under which particulars are issued. Rae & Co Ltd for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are give notice that:

Richard Rae

Tel: 01782 646555Mob: 07967011829 Email:

1019 ALCESTER ROAD, MAYPOLE, BIRMINGHAM, B14 5JE 9

richard rae