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76 Walsall Rd 1,620 sq ft 100% Let Retail Property Sutton Coldfield B74 4QY £450,000 (£277.78/sq ft) 7.70% Net Initial Yield
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
100%
Tenancy
Multiple
Number of Floors
2
Frontage
30 ft on Walsall Rd
Amenities
- Signage
- Storage Space
1 1
Nearby Major Retailers
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76 Walsall Rd
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