2327 - 2329 Coventry Road Sheldon Birmingham B26 3PG
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For Sale 2327 - 2329 Coventry Road Sheldon Birmingham B26 3PG Vacant Freehold Hotel & Restaurant Premises On behalf of Joint LPA Receivers June 2019 08449 02 03 04 avisonyoung.co.uk/15091 2327-2329 Coventry Road, Sheldon, Birmingham B26 3PG Overview Location Located approximately 7.5 miles south-east of Vacant freehold hotel and Birmingham, 4 miles north of Solihull and 12 miles west of Coventry. restaurant premises with car parking. Junction 6 of the M42 Motorway is approximately 3 miles to the east and provides direct access to the Prominent location fronting busy regional and national motorway network. A45 Coventry Road. Situated fronting the A45 Coventry Road and in close proximity to Birmingham Airport, Birmingham Located in close proximity to International Railway Station, Resorts World Birmingham Airport, Birmingham Birmingham and National Exhibition Centre (NEC). International Railway Station, Resorts World Birmingham and Occupiers in the immediate vicinity include Morrisons, Spar, Vets4Pets and National Tyres and Autocare. The National Exhibition Centre (NEC). new Sheldon Retail Park development (opening 2019) is less than 300m from the property with pre-lets Restaurant 169.64 sq. m. (1,826 sq. agreed to Marks & Spencer, B&M and The Gym. ft.) / Hotel 345.21 sq. m. (3,715 sq. ft.) N.I.A. Description Alternative use and subdivision Property comprises a vacant hotel and restaurant potential (S.T.P.). premises with car parking. Property is a three storey building of traditional brick Offers invited in excess of construction with uPVC double glazed windows, £650,000 for freehold interest. surmounted by a pitched tiled roof. The hotel and restaurant benefit from independent entrances. Externally the property provides car parking to the front and rear (accessed via Wells Road). Internally the property provides reception area, restaurant and bar, function room, laundry room, kitchen and ancillary stores at ground floor level. There are 19 en-suite bedrooms to the upper floors. Accommodation Floor areas have been calculated on a Net Internal Area basis as follows: Sq. Ft. Sq. M. Restaurant Ground Floor Entrance 32 2.93 Restaurant & Bar 1,035 96.20 Kitchen & Ancillary Stores 691 64.20 WCs 68 6.31 Restaurant Total 1,826 169.64 Hotel Ground Floor Reception 416 38.66 Function Room 367 34.05 Office / Comms Room 72 6.68 Laundry 149 13.82 First Floor Room 1 (twin w/shower) 177 16.43 Room 2 (single w/shower) 101 9.38 Room 3 (single w/ shower) 109 10.14 Room 4 (single w/bath & shower) 129 12.02 Room 5 (double w/shower) 140 13.04 Room 6 (twin w/shower) 154 14.31 Room 7 (single w/shower) 118 10.98 Room 11 (double w/shower) 128 11.90 Room 12 (double w/shower) 165 15.32 Room 14 (twin w/shower) 186 17.32 Room 15 (single w/shower) 99 9.23 Room 16 (single w/shower) 87 8.09 Second Floor Room 8 (double w/shower) 149 13.86 Room 9 (twin w/bath & shower) 191 17.78 Room 10 (3 bed w/shower) 180 16.68 Room 17 (double w/shower) 166 15.45 Room 18 (double w/shower) 138 12.80 Room 19 (single w/shower) 157 14.58 Room 20 (single w/shower) 137 12.69 Hotel Total 3,715 345.21 TOTAL 5,541 514.85 2327-2329 Coventry Road, Sheldon, Birmingham B26 3PG Planning We understand the property has planning consent for its existing use as C1 (Hotels) and A3 (Restaurants and Cafés). Alternative use potential (subject to planning). Interested parties should rely on their own enquiries with Birmingham City Council. Rating Assessment Billing Authority: Birmingham Description: Hotel, Restaurant and Premises Rateable Value: £36,000 Rates Payable: £17,676 (UBR for 2019/20 is 49.1p in the £) EPC Services EPC Rating of D (92). We understand all mains services are available and connected. However these services have not been tested. VAT Interested parties should rely on their own enquiries. All prices are quoted exclusive of VAT. Tenure Costs Freehold (Title nos. WK200046 & WM394830). Each party will bear their own costs in respect of the transaction. Asking Price Marketing Pack Offers in excess of £650,000 for the freehold interest. A copy of the full Marketing Pack is available upon request. For further information please contact: Joe Hanlon 0121 609 8103 [email protected] Toby O’Sullivan 0121 609 8084 [email protected] Property ref avisonyoung.co.uk/15091 ……. Avison Young 3 Brindleyplace, Birmingham B1 2JB Avison Young is the trading name of GVA Grimley Limited. © 2019 GVA Grimley Limited Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors (3) No person in the employment of Avison Young, or any joint agents, has any authority to make or give any lessors of this property whose agent Avison Young is )in this brochure is provided on the following conditions: representation or warranty whatsoever in relation to the property or properties in this brochure. (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do (4) All prices quoted are exclusive of VAT. not constitute an offer or contract, or part of an offer or contract. (5) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and elements of the brochure which were prepared solely by third parties, and not by Avison Young. occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise. .