132 Beacon Rd 460 sq ft Retail Property Birmingham B43 7BN £210,000 (£456.52/sq ft) 8.52% Net Initial Yield

This property offers a mixed-use freehold investment opportunity on Beacon Road in Great Barr, Birmingham. The ground floor is occupied by a self-contained retail shop let to a barber on a five-year internal repairing and insuring lease expiring September 2030, generating £8,000 annually. Above, a three-bedroom maisonette on the first and second floors is let under an Assured Shorthold Tenancy until May 2027 at £825 per calendar month, providing an additional £9,900 annually.
The building benefits from its prominent location at the end of a local retail parade, hosting a mix of occupiers including convenience and food operators, ensuring consistent foot traffic. Service road positioning allows off-street parking, enhancing accessibility for both retail customers and tenants. This investment is fully let and currently producing £17,900 per annum with scope for future rental growth.