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1130-1134 Warwick Rd 7,404 sq ft Retail Property Birmingham B27 6BL £1,000,000 (£135.06/sq ft) 8.05% Net Initial Yield
Investment Highlights
- Substantial unbroken retail parade
- Popular and busy Birmingham Suburb
- Neighbouring Occupiers Include Aldi, Tesco Express, Halifax and Morrisons
- Tenants include Greggs PLC and Boyle Sports (UK) Limited (4)
- Includes rear yard with parking
Executive Summary
The property comprises an unbroken retail parade of three modern retail units each with Retail accommodation on the ground floor and first floor ancillary accommodation.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
7,404 sq ft
Costar Property Class
B
Year Built
1990
Price
£1,000,000
Price per sq ft
£135.06
Yield
8.05%
NOI
£80,500
Tenancy
Single
Number of Floors
2
Plot ratio
0.74
Total Plot Size
0.23 ac
Parking
12 Spaces (1.62 Spaces per 1,000 sq ft Leased)
Frontage
61 ft on Warwick Road
Amenities
- Signage
Nearby Major Retailers
1 of 9
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1130-1134 Warwick Rd
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