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612 Kingsbury Rd 1,114 sq ft Retail Property Birmingham B24 9PJ £260,000 (£233.39/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent location within busy suburban retail parade
- Would suit investor or for potential owner occupier
- Neighbouring retailers include William Hill, Greggs and Lidl
EXECUTIVE SUMMARY
Freehold subject to the following tenancies:
The ground floor shop and rear garage is currently let to Dashelles Hair & Beauty on a short term lease (outside of the protection of the LL&T Act 1954) expiring 31st January 2026 at a rental of £12,000 pa exclusive. Consideration may be give to this lease being extended, or alternatively vacant possession can be provided.
The first floor flat is currently let on an Assured Shorthold Tenancy agreement for a term of 12 months expiring 30th November 2026 at a rental of £510 per calendar month. Copies of the agreements are available on request.
The ground floor shop and rear garage is currently let to Dashelles Hair & Beauty on a short term lease (outside of the protection of the LL&T Act 1954) expiring 31st January 2026 at a rental of £12,000 pa exclusive. Consideration may be give to this lease being extended, or alternatively vacant possession can be provided.
The first floor flat is currently let on an Assured Shorthold Tenancy agreement for a term of 12 months expiring 30th November 2026 at a rental of £510 per calendar month. Copies of the agreements are available on request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,114 sq ft
Costar Property Class
B
Year Built
1952
Price
£260,000
Price per sq ft
£233.39
Tenancy
Single
Number of Floors
2
Plot ratio
0.37
Total Plot Size
0.07 ac
AMENITIES
- Security System
- Roller Shutters
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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612 Kingsbury Rd
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