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326-330 Marsh Ln 1,202 sq ft Retail Property Birmingham B23 6HP £525,000 (£436.77/sq ft) 7.25% Net Initial Yield
Investment Highlights
- Surrounding areas are densely populated residential
- The property can be accessed to the rear – off street loading/ car parking
- Local authority car park, which provides circa, 30 spaces
Executive Summary
The subject premises forms park of an extremely popular terraced retail parade, fronting the main intersection of Marsh Hill, Reservoir Road, Slade Road, Streetly Road and Marsh Lane (considerable traffic flow).
The parade is extremely popular, due to the forecourt (free of charge), local authority car park, which provides circa, 30 spaces.
326 Marsh Lane:
(Ground Floor Commercial)
430 sq.ft
328/330 Marsh Lane:
(Ground Floor Commercial)
772 sq.ft
Flat to rent above:
328a Marsh Lane:
(First Floor Residential)
(2 bedded)
700 sq.ft
330a Marsh Lane:
(First Floor Residential)
(1 bedded)
710 sq.ft
Total Accommodation – 2,612 sq.ft
The parade is extremely popular, due to the forecourt (free of charge), local authority car park, which provides circa, 30 spaces.
326 Marsh Lane:
(Ground Floor Commercial)
430 sq.ft
328/330 Marsh Lane:
(Ground Floor Commercial)
772 sq.ft
Flat to rent above:
328a Marsh Lane:
(First Floor Residential)
(2 bedded)
700 sq.ft
330a Marsh Lane:
(First Floor Residential)
(1 bedded)
710 sq.ft
Total Accommodation – 2,612 sq.ft
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,202 sq ft
Costar Property Class
C
Year Built
1960
Price
£525,000
Price per sq ft
£436.77
Yield
7.25%
NOI
£38,063
Tenancy
Single
Number of Floors
1
Plot ratio
0.34
Total Plot Size
0.08 ac
Frontage
10 ft on Marsh Lane
Amenities
- EPC - C
- Storage Space
1 1
Nearby Major Retailers
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
326-330 Marsh Ln
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