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1360-1362 Pershore Rd 2,600 sq ft 100% Let Retail Property Birmingham B30 2XS £800,000 (£307.69/sq ft) 7.11% Net Initial Yield
Investment Highlights
- Site fronts Pershore Road (A441), one of the main arterial roads leading from the outer ring road (Belgrave Middleway)
- Bournville train station is 250m to the west of the subject property
- Stirchley is an increasingly popular suburb of Birmingham 4 miles south of the city centre close to Selly Oak
Executive Summary
The property is a new build, two unit retail scheme fronting Pershore Road and adjoining an Aldi supermarket which opened in 2022.
The building is single storey with steel frame, brick elevations and a pitched, corrugated steel roof. There is an allocated seating area to the side of Unit A.
The units were handed over in shell condition. The tenants have carried out their own internal fit outs through agreed specifications and Licences to Alter which completed at the end of February 2026.
Greggs opening times are 6.00am to 7.00pm Monday to Saturday and 7.00am to 5.00 pm on Sundays. Cardfactory opening times are 9.00am to 5.30pm Monday to Saturday and 11.00am to 5.00pm on Sundays.
There is the right to use the Aldi customer car park. There is up to 2 hours free parking.
The units extend to a total of 241.5 sqm (2,600 sqft). A breakdown of each unit is set out in the Tenancy Schedule.
The building is single storey with steel frame, brick elevations and a pitched, corrugated steel roof. There is an allocated seating area to the side of Unit A.
The units were handed over in shell condition. The tenants have carried out their own internal fit outs through agreed specifications and Licences to Alter which completed at the end of February 2026.
Greggs opening times are 6.00am to 7.00pm Monday to Saturday and 7.00am to 5.00 pm on Sundays. Cardfactory opening times are 9.00am to 5.30pm Monday to Saturday and 11.00am to 5.00pm on Sundays.
There is the right to use the Aldi customer car park. There is up to 2 hours free parking.
The units extend to a total of 241.5 sqm (2,600 sqft). A breakdown of each unit is set out in the Tenancy Schedule.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Fast Food
Property Size
2,600 sq ft
Costar Property Class
B
Year Built
2025
Price
£800,000
Price per sq ft
£307.69
Yield
7.11%
NOI
£56,880
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.03
Total Plot Size
1.88 ac
Parking
120 Spaces (46.15 Spaces per 1,000 sq ft Leased)
Amenities
- Courtyard
- Mezzanine
- Security System
- Wheelchair Accessible
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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1360-1362 Pershore Rd
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