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21-23A Birmingham Rd 17,121 sq ft 100% Let Office Property Sutton Coldfield B72 1QA £1,900,000 (£110.97/sq ft) 3.89% Net Initial Yield
Investment Highlights
- Prominent main road location
- Popular retail parade
- Mixed-use investment
Executive Summary
Offers in the region of £1,900,000. Current income £74,000 per annum exclusive.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
17,121 sq ft
Costar Property Class
B
Year Built
1964
Price
£1,900,000
Price per sq ft
£110.97
Yield
3.89%
NOI
£74,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,501 sq ft
Plot ratio
3.57
Total Plot Size
0.11 ac
Parking
8 Spaces (0.47 Spaces per 1,000 sq ft Leased)
Amenities
- Bus Route
- Signage
- Storage Space
- Common Parts WC Facilities
- Open-Plan
- Partitioned Offices
- Secure Storage
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21-23A Birmingham Rd
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