Siddall Jones reports continuing strong demand for smaller freehold business properties
Commercial property experts Siddall Jones have sold the former Enterprise Rent-a-Car premises at 722 Warwick Road in Tyseley, Birmingham to a home improvement business.
Madina Kitchen and Bedrooms has paid £475,000 for the 4,700 sq ft showroom, offices and substantial forecourt on a 0.25 acre site. The move will enable the business to expand.
Ed Siddall-Jones, managing director of Siddall Jones, said: “We are very pleased to have achieved a good result for a private investor client.
“The Midlands market for small freehold properties continues to perform very well and this property was no exception. We are now seeing a scenario whereby the majority of our freehold stock goes to best and final offers.
“We are pleased the property at 722 Warwick Road has been sold to an owner-occupier who will now invest in refurbishing the premises and growing their business.”
The property occupies a prominent position fronting the A41 Warwick Road at its junction with Wharfdale Road in Tyseley.
Law firm Sydney Mitchell advised the vendor and Wildings acted for Madina Kitchens and Bedrooms.
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For further information, please contact,
Ed Siddall-Jones, Managing Director,
Siddall Jones, The Mint, 95 Icknield Street, Birmingham B18 6 RU.
0121 638 0500
Prepared and issued by Andy Skinner at ASAP PR – 01608 651203, mobile 07990 978257.
Siddall Jones, which has offices in Birmingham and Dudley, was launched by Ed Siddall-Jones in 2012 and has grown steadily from one office to two and from one member of staff to six. In 2020, the firm was named Most Active Agent in the West Midlands in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine. In 2019, Siddall Jones was named Most Active Single Branch Agent by number of deals done by CoStar and was a Top Five finalist in the overall CoStar awards.