The site extends to approximately 0.66 acres and (0.27 ha) and benefits from being situated on a prominent corner plot with frontage on to Lynton Road and Wainwright Street. From the completion of the transaction, a restriction will be placed on the title, limiting the use of the site to mirror the use(s) permitted within the headlease (or subsequent agreements). This restriction will last for 10 years and all other uses will be prohibited during this period.
- Ref: 2087942
- Tenure: Freehold
- Types: Industrial Investment
- Size: 0.66 ac
- Freehold: £625,000 for the freehold
- EPC: C
Key Features
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Industrial ground rent investment
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Site extends to approx. 0.66 acres (0.27 ha)
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Let for a term of 99 years from 24 May 1982
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Approximately 55.25 years unexpired
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Current rent £33,250 per annum
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Next rent review is 24 May 2031
Location
46 Wainwright Street, Aston, Birmingham, West Midlands, B6 5TJ
The property is located on Wainwright Street, in the Aston area of Birmingham, approximately 1.5 miles north of the city centre. The area is characterised by industrial uses.
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