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Successful sale completed

A mixed-use property in south Birmingham that hosts a specialist fishing tackle shop and has a large apartment above has been successfully sold by Siddall Jones.

The commercial property agency quickly netted new owners for what is known as Carp Corner at 2 Cliff Rock Road in Rubery.

The ground floor retail premises and three-bedroomed apartment was sold to a Manchester-based real estate investor for the asking price of £250,000.

Edward Siddall-Jones, director of Siddall Jones, said: “This sale once again highlights the keen market appetite for small freehold opportunities in the West Midlands. The property is of mixed use with an established ground floor retail tenant and first floor residential.

“The mix appealed to the market as neighbourhood retail has remained strong even through the pandemic, and the apartment is recently refurbished and ready to let.”

The property occupies a prominent position fronting the A38 Bristol Road South at its junction with Cliff Rock Road close to the newly developed Longbridge regeneration area.

The location is approximately ten miles south west of Birmingham city centre and six miles north east of Bromsgrove, with good bus and train services, plus nearby links to the M5 and M42 motorways.

Mr Siddall-Jones added: “The property is a three-storey building forming part of a neighbourhood parade arranged as a ground floor shop that is let to Carp Corner on a new 10-year lease at £12,000 per annum.

“The retail premises measure 1,395 sq ft and have a dual frontage, providing open plan retail accommodation with rear storage.

“There is separate access to a first and second floor three-bedroom flat which has recently been refurbished throughout with a large fitted kitchen, lounge and double bedroom, and two further double bedrooms, bathroom and storage on the second floor.”