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87-87A High St 6,993 sq ft Retail Property Birmingham B17 9NR £665,000 (£95.10/sq ft) 10% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Popular and affluent suburb of Birmingham
- Large pedestrianised area to front of unit and wider retail parade
- Let to Boots UK Ltd on a lease expiring February 2026
- Prime High Street pitch
- Main public car park directly to the rear of the unit
EXECUTIVE SUMMARY
High yielding retail investment located in Harborne, a popular and affluent suburb of Birmingham. We are instructed to seek offers in excess of £665,000 (Six Hundred & Sixty Five Thousand Pounds) subject to contract and exclusive of VAT.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
6,993 sq ft
Costar Property Class
B
Year Built
1968
Price
£665,000
Price per sq ft
£95.10
Yield
10%
NOI
£66,500
Tenancy
Single
Number of Floors
2
Plot ratio
1.57
Total Plot Size
0.10 ac
Frontage
41 ft on High Street
AMENITIES
- Bus Route
- Security System
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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87-87A High St
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