Retail in B23 available for sale
8

Retail Properties for Sale near the B23, Birmingham

Retail Properties for Sale Within 5 miles of the B23, Birmingham

More details for Alum Rock Rd, Birmingham - Retail for Sale

Units 1-3 - Alum Rock Rd

Birmingham, B8 2TX

  • Retail for Sale
  • £850,000
  • 4,886 sq ft
See More
More details for 6 Inkerman St, Birmingham - Retail for Sale

Land and Buildings - 6 Inkerman St

Birmingham, B7 4SB

  • Retail for Sale
  • 14,243 sq ft
See More
More details for 49 Sherborne St, Birmingham - Retail for Sale

Ulysses - 49 Sherborne St

Birmingham, B16 8FN

  • Retail for Sale
  • £350,000
  • 1,000 sq ft

Birmingham Retail for Sale

Birmingham, the UK’s second city, is a major economic hub with excellent connectivity, a diverse talent pool, and a thriving commercial scene. Recent regeneration has transformed the city centre into a vibrant destination for business, retail, leisure, and living. With Birmingham New Street Station offering London in under 90 minutes and HS2 on the horizon, the city is at the heart of the UK’s transport network. Road access is seamless via the A38(M) and nearby motorways, while Birmingham Airport, just 10 miles away, connects the city internationally. Home to blue-chip companies, global corporates, and a growing creative and professional sector, Birmingham attracts strong inward investment. Its ambitious development pipeline cements its status as a leading UK centre for business, innovation, and growth. The subject property is well connected, situated 0.4 miles northeast of Five Way Station and benefits from a strong mix of residential, retail, and leisure activity, offering excellent footfall and a diverse local catchment, making it an attractive prospect for a wide range of commercial uses. Birmingham City Centre Long Leasehold Investment Opportunity The property comprises a prominent ground floor corner unit fronting Sherborne Street, offering excellent visibility and strong presence in a busy mixed-use location. The accommodation is arranged to provide high-quality clinical and consulting space, currently occupied by one of the UK’s leading hair transplant specialists. Internally, the unit has been fitted out to an exceptional standard, with a contemporary reception area and three well-appointed treatment rooms, designed to meet modern clinical and professional requirements. The layout provides an efficient and attractive working environment, suitable for a range of high-end medical, wellbeing or professional services uses. Let to one of the UKs leading hair transplant clinics Annual income of £30,000 pa Opportunity to regear existing lease Seeking offers in the region of £350,000 The unit provides 1,108 sqft of accommodation currently being utilised as a hair transplant clinic.

Contact:

Avison Young

Property Subtype:

Shopfront Retail / Office

Date on Market:

26/11/2025

Hide
See More
More details for 67-71 Mere Green Rd, Sutton Coldfield - Retail for Sale

67-71 Mere Green Rd

Sutton Coldfield, B75 5BY

  • Retail for Sale
  • £625,000
  • 1,599 sq ft
See More

FAQs about Retail property for sale in B23

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in B23?
There are currently 0 Retail Properties available for sale near B23. These B23 Retail Property listings have an average size of. The largest available listing in B23 is. The thriving commercial centre and excellent transport links in B23 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in B23?
The average price/SF for Retail Property for sale in B23 is about. The cost per sq ft for Retail Property in B23 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in B23?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in B23?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in B23 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the B23, Birmingham

With 0 retail units currently available for sale in B23, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in B23, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in B23, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in B23 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

LoopNet - the worlds No. 1 commercial property marketplace.