1133 Warwick Road, Acocks Green, Birmingham, B27 6RA

Description

A freehold retail investment opportunity. The property comprises a ground floor shop with ancillary accommodation above and rear service access.

Accommodation

Ground Floor: 5,293 sq.ft. (491.70 sq.m); First Floor: 2,460 sq.ft. (228.5 sq.m); Total: 7,753 sq.ft. (720.20 sq.m)

Location

Acocks Green is a busy and popular urban suburb located approximately 4 miles south-east of Birmingham city centre. The property is situated in a prominent location on Warwick Road (A41), Acocks Green's main retailing area, close to its junction with Station Road. Nearby occupiers include Greggs, NatWest, Lloyds Pharmacy, KFC, Boots, Halifax and Superdrug.

Tenure / Property Information

Investment Analysis

The £550,000+ guide equates to approximately £71 per sq.ft. across the 7,753 sq.ft. property, but no passing rent, proposed renewal rent, lease term, repairing obligations or yield evidence is supplied. Nearby completed sales range from £170,000 to £605,000, but they are described only as “Other” and no size, condition, income or comparability details are provided. A reliable commercial GDV or investment value therefore cannot be established from the evidence.

Investment Snapshot

Strategy Recommendation

Do not bid on the guide alone. Proceed only after confirming the renewal terms, rent, lease covenant and all legal-pack costs, followed by independent commercial valuation and survey advice.

Works Required

No physical refurbishment works are evidenced. The immediate requirements are review of the legal pack, existing tenancy, Section 26 notice, proposed renewal terms, repairing obligations and a commercial building survey. Any works allowance remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be underwritten from the supplied evidence. There is no supported refurbishment budget, rent, lease term, renewal rent or GDV. The pending lease renewal creates uncertainty over both income continuity and refinance valuation.

Buy-to-Let Analysis

BTL-style investment analysis cannot be completed because no passing rent, renewal rent or auctioneer rent estimate is supplied. The property is let entirely to Iceland Foods Limited, but the tenant has served a Section 26 notice and lease renewal remains pending agreed terms. Yield, debt coverage and sustainable value cannot be established.

Flip Analysis

A flip/resale surplus cannot be calculated. The available sold comparables lack sufficient detail on size, use, income and condition, while commercial resale value will be materially affected by the unresolved tenancy and renewal terms. The £2,700 stated administration charge is known, but other special-condition costs and stamp duty/government taxes are not quantified.

Investor Risks & Due Diligence

• The tenant has served a Section 26 notice and lease renewal is pending agreed terms.

• No passing rent or proposed renewal rent is supplied, preventing yield and income valuation analysis.

• The property is occupied entirely by one tenant, creating reliance on the renewal outcome and tenant covenant.

• Additional costs may be listed in the Special Conditions and are not quantified.

• Stamp duty and/or government taxes are excluded from the stated auction costs.

• The sold comparables are insufficiently detailed to establish reliable commercial comparability.

• No condition survey or refurbishment budget is supplied.

Recommendation

Do not bid on the guide alone. Proceed only after confirming the renewal terms, rent, lease covenant and all legal-pack costs, followed by independent commercial valuation and survey advice.

Strategy Rating

Analysis Confidence

Property size, tenure, tenant identity, occupancy and guide are supplied, but rent, lease terms, renewal terms, commercial yield evidence, condition, GDV inputs and full acquisition costs are absent.