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300-302 Stratford Rd 17,535 sq ft 100% Let Retail Property Birmingham B11 1AA £1,000,000 (£57.03/sq ft) 6.50% Net Initial Yield
Investment Highlights
- Prominent frontage on Stratford Road
- Includes takeaway/restaurant and office accommodation across multiple floors
- Close proximity to Birmingham City Centre
Executive Summary
This freehold property at 300-302 Stratford Road offers a rare investment opportunity in a high-visibility location along the A41 corridor, one of Birmingham’s major arterial routes. The property comprises two end-terraced retail and office units of traditional brick construction, arranged over ground, first, and second floors. Currently generating an income of £65,000 per annum, the asset includes a takeaway restaurant and a barber shop, both on full repairing and insuring leases, providing stable cash flow for investors.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
17,535 sq ft
Costar Property Class
C
Year Built
1897
Price
£1,000,000
Price per sq ft
£57.03
Yield
6.50%
NOI
£65,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
3.10
Total Plot Size
0.13 ac
Parking
4 Spaces (0.23 Spaces per 1,000 sq ft Leased)
Frontage
44 ft on Stratford Road
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
1 of 55
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300-302 Stratford Rd
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