Birmingham

Small Heath Highway

B10 0AE

0.21 Hectare (0.53 Acre)

 

 

 

 

 

Location

The site is located on, and accessed from, the east-bound carriageway of the Small Heath Highway (A45). The site is adjoined to the north by residential and community properties on Bolton Road, including a school and to the west is a social club. To the east of the site and to the west beyond the social club is a landscaped embankment which acts as a buffer between Small Heath Highway and the residential area to the north of the site. The nearest convenience retail provision is situated 500 m from the site at Coventry Road local centre.

Description

The site comprises a Total petrol filling station, consisting of four square pump islands in a four-square formation under a large canopy and connected to a single storey shop of approximately 80 sq m (861 sq ft). A car wash is located along the north east boundary with a jet wash in the northern corner and the site also benefits from air/water and vacuum facilities.

The site extends to approximately 0.21 hectare (0.53 acre).

Trading

The site is offered subject to a fuel supply agreement. Further details will be released to shortlisted parties.

Year Fuel /Litres Shop Valeting Other income
2005 2,538,670 £300,488 £21,924 £1,201
2006 2,608,170 £284,251 £20,111 £2,326
2007 2,698,375 £299,204 £17,372 £3,737

Revenues exclude VAT.

Planning

Planning Officers have indicated that alternative uses will be considered having regard to surrounding development, including Small Heath Highway and the landscaped buffer/embankment. In these terms, there may be scope to secure alternative motor trade uses, such as a car showroom, or alternatively residential or community uses. Retail development may also be acceptable. Please refer to the Planning Commentary for further information.

Environmental Condition & Indemnity

An Environmental Report Summary of the property is included within the Further Information section, which outlines the reports carried out on the site. Prospective purchasers will be able to undertake updated Environmental Assessments at their cost, following exchange of contracts, in order to satisfy themselves on the condition of the property. Copies of previous reports will be available for shortlisted parties, subject to assignment from the respective consultants. The successful purchasers will be required to provide an environmental indemnity to the Vendor for all past or future contamination.

Tenure

The site is available freehold with vacant possession, or as a trading entity. If acquired as a trading site, TUPE regulations will apply and wet and dry stock is to be purchased at cost upon completion.

Offers

The preference is for unconditional offers to be submitted. However, conditional offers upon planning will also be considered. All offers must be accompanied by details of funding for the proposed acquisition. Conditional offers must include full supporting information together with site layout plans and details of conditions.

All offers are to be submitted to Mark Frostick no later than 12 noon on Friday 18th July 2008. Our clients do not bind themselves to accept the highest or any offer received. Prior to submitting any offer, interested parties should refer to the sale contract detailing the conditions of the disposal and other relevant information, found in the Further Information section.

All offers are to be set out on the Schedule provided.

Stamp Duty

Stamp duty will apply on the sale of this property.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction.

VAT

Value Added Tax will be charged at the prevailing rate.

Viewing

Strictly by appointment through the sole agent.

Staff are unaware of the impending sale and no formal viewings will be undertaken. The site is currently trading and can be inspected as a "customer". Under no circumstances should the staff be approached regarding the sale.

Contact

Mark Frostick - 01480 371 456 - maf@rapleys.co.uk