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76 Walsall Rd 1,620 sq ft 69% Let Retail Property Sutton Coldfield B74 4QY £450,000 (£277.78/sq ft) 7.70% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Freehold investment
  • Established and popular local parade
  • Full lease and tenancy information available on request
  • CURRENT NET POTENTIAL INCOME - £34,670 per annum exclusive
  • Affluent suburb of Sutton Coldfield

EXECUTIVE SUMMARY

The mutli let two storey end of terrace property comprises a ground floor retail unit let to True Desire Hair Salon; first floor offices currently being marketing to let with single storey premises to the rear let to Robert Stevens Barbers. Parking to the rear via the side driveway off Walsall Road together or the shared driveway off Four Oaks Common Road.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
1,620 sq ft
Costar Property Class
B
Year Built
1991
Price
£450,000
Price per sq ft
£277.78
Yield
7.70%
NOI
£34,670
Occupancy Rate
69%
Tenancy
Multiple
Number of Floors
2
Frontage
30 ft on Walsall Rd

AMENITIES

  • Signage
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 76a
  • 497 sq ft
  • Office
  • -
  • Now

The premises are available by way of 5 year lease or multiples thereof on an internal repairing and insuring basis, plus Service Charge. The freehold which includes the ground floor hairdressor and barbers to the rear and producing a current net income of £25,170 per annum is also available For Sale - details on request.

Space Size Space Use Position Available
76a 497 sq ft Office - Now

76a

Size
497 sq ft
Space Use
Office
Position
-
Available
Now

76a

Size 497 sq ft
Space Use Office
Position -
Available Now

The premises are available by way of 5 year lease or multiples thereof on an internal repairing and insuring basis, plus Service Charge. The freehold which includes the ground floor hairdressor and barbers to the rear and producing a current net income of £25,170 per annum is also available For Sale - details on request.

NEARBY MAJOR RETAILERS

Sainsbury's
Co-op
HSBC
Lloyds TSB
Renato Lounge
Giggling Squid
Costa Coffee
Starbucks
Caffè Nero
Lidl
  • Listing ID: 37112275

  • Date on Market: 04/08/2025

  • Last Updated:

  • Address: 76 Walsall Rd, Sutton Coldfield B74 4QY

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