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490 Coventry Rd 788 sq ft Retail Property Birmingham B10 0JS £325,000 (£412.44/sq ft)
Investment Highlights
- High footfall
- Prime high street location
- Local amenities within walking distance
- Full height glazed shopfront
- City centre within 1.75 miles
Executive Summary
Opportunity to acquire this mixed use retail investment property. The property comprises ground floor retail unit and a self-contained first-floor community/meeting rooms. The ground-floor accommodation benefits from a full-height glazed shopfront, suspended ceilings, recessed lighting. The entire property is let on a commercial lease expiring October 2026, generating a current rental income of £16,200 per annum. Offers in the region of £325,000 to be considered.
Property Facts Under Offer
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
788 sq ft
Costar Property Class
C
Year Built
1910
Price
£325,000
Price per sq ft
£412.44
Tenancy
Single
Number of Floors
2
Plot ratio
0.37
Total Plot Size
0.05 ac
Amenities
- Security System
- Roller Shutters
- Storage Space
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Nearby Major Retailers
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490 Coventry Rd
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