Automotive & Roadside

Under Offer

Dealership Opportunity

Star Park South, Heartlands Parkway, Birmingham, B7 5AH

For Sale

Terms

6%%

Yield

  • Purpose-built dealership extending to approximately 27,296 sq ft
  • Prominent roadside location fronting the A47
  • Close proximity to Junction 6 of the M6 motorway and Star City
  • 1 million people live within 20 minutes of Star City, the UK’s largest leisure destination
  • Let to Lookers Motor Group Limited, guaranteed by Lookers plc, with an unexpired term certain of approximately 8 years
  • Passing rent of £330,000 per annum, equating to £12.09 per sq ft
  • Lease subject to 5 yearly rent reviews to open market value
  • Low site density of 16% on a site area of 3.08 acres
  • Freehold

More information

Contact Us

Property single

Team members

Head of Investment

Rebecca Harper

Where to find this property

Heartlands Parkway,
B7 5AH