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1011 Alcester Rd S

1,353 SF Retail Building Birmingham B14 5JA £285,000 (£211/SF) 5.26% Net Initial Yield

Shops & Retail Properties West Midlands Birmingham 1011 Alcester Rd S, Birmingham, WMD B14 5JA

Investment Highlights

  • Hot Food Takeaway
  • Car Parking available
  • First floor residential flat

Executive Summary

A ground floor lock up takeaway, currently let to Lai Poh Lui trading as Hong Kong House with approximately 13 years remaining on the lease.
The residential flat above is two bedrooms and is is also let to Hong Kong House. The residential lease is co-terminus with the shop lease.
Total income per annum: £15,000

Attachments

61406_xhg4i458klm4j28n

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,353 SF
Year Built
1950
Price
£285,000
Price Per SF
£211
Net Initial Yield
5.26%
NOI
£15,000
Tenancy
Single
Number of Floors
1
Building FAR
0.88
Lot Size
0.04 AC
Frontage
18 ft on Alcester Road South
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Nearby Major Retailers

Barclays
Iceland
Lloyds Bank Plc
Sainsbury's
Pure Gym
Starbucks
Lidl
The Co-operative Food
Heron Foods
+44 121 455 9455

Contacts

  • Listing ID: 34220198

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 1011 Alcester Rd S, Birmingham B14 5JA

The Retail Property at 1011 Alcester Rd S, Birmingham, B14 5JA is currently available for sale. Contact Harris Lamb Ltd for more information.

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1011 Alcester Rd S
+44 121 455 9455 x

1011 Alcester Rd S

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Ashley Brown

+44 121 455 9455

+44 121 455 9455

David Walton

+44 121 213 6030

+44 121 213 6030

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