£950,000

Industrial for sale

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Freehold

Offers over

£950,000

(£74.06/sq. ft)

Industrial for sale

Halligan Buildings, 13-15 Johnstone Street, Birmingham B19

12,828 sq. ft

Local area information

Property location

Nearby amenities

  • Birmingham Independent College 0.2 miles
  • Holte School 0.3 miles
  • Perry Barr 0.8 miles
  • Witton (West Midlands) 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Open-plan space
  • Suitable for a variety of potential uses
  • 14 individual serviced offices
  • Fully fitted kitchen, and modern WC facilities
  • 4 bedroom flat is let on an AST at £26,400 per annum
  • The 2 bedroom house is let to clk Homes at £12,000 per annum exclusive
  • Potential of redevelopment and planning for 20+ flats
  • Potential income at £140,000 once fully let
Description

The property comprises a substantial site arranged around a central courtyard, with large roller shutter access from Johnstone Street. It is configured to provide two standalone warehouse workshop units, each benefitting from independent roller shutter entrances onto the main courtyard.

The ground floor offers a large, predominantly open-plan space arranged in an L-shaped configuration, featuring brick walls and brick flooring, making it suitable for a variety of potential uses.

The accommodation benefits from generous headroom and integrated lighting throughout. The first floor mirrors the L-shaped layout and has been converted to provide 14 individual serviced offices. These are accessed via a central corridor and each office is fitted with intercom access, lighting, power/data connections along with sub pre-paid meters.

The offices have recently been redecorated with new carpeting and emulsion-coated walls. Occupiers benefit from shared amenities including a spacious communal canteen, a fully fitted kitchen, and modern WC facilities.

The second storey comprises four self-contained flats, all of which are currently let and generating rental income of £26,400 per annum.

Additionally, a two-bedroom house is included within the demise, situated to the right-hand side of the main building. This traditionally built, two-storey brick property with a tiled roof is currently let to a housing association at £12,000 per annum.

Location

The property is located on Johnstone Street, just off the A34 Birchfield Road which provides direct access into Birmingham City Centre approximately 2 miles distance.

Junction 6 of the M6 motorway is also within 2 miles therefore the property benefits from excellent road links into the city and the wider Midlands network.

Perry Barr train station is within 1 mile of the property which also provides regular trains into the city centre.

Tenancy Information

The 4 bedroom flat is let on an AST at £26,400 per annum

The 2 bedroom house is let to clk Homes at £12,000 per annum exclusive

The serviced office element is currently vacant and the agent is happy to discuss potential rental values for the remaining parts.

Business Rates

Each element is currently separated for the purposes of Business Rates. Please contact the agent for further information.

More information

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  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Birmingham
  5. Johnstone Street